Negotiable Instruments Act, 1881 · Chapter XI: Of Acceptance and Payment for Honour and Reference in Case of Need
Section 112: When acceptor for honour may be charged
In plain words
An acceptor for honour can be charged only if the bill was presented to the drawee for payment at maturity, dishonoured, and noted or protested.
A simplified explanation, prepared with AI assistance from the official text below and checked automatically against it for numbers and cross-references. The official text is the law and prevails over this summary. Not legal advice.
Official text
An acceptor for honour cannot be charged unless the bill has at its maturity been presented to the drawee for payment, and has been dishonoured by him, and noted or protested for such dishonour.
Source: India Code (indiacode.gov.in), the consolidated text published by the Legislative Department, Government of India. Text as updated on India Code on 15 October 2026. Words in square brackets [ ] were inserted or substituted by later amending Acts, and *** marks words omitted by an amendment. The amendment footnotes are not reproduced here. Official text on India Code.
Supreme Court judgments citing the section 112
No Supreme Court judgment in our database cites this section yet.