Negotiable Instruments Act, 1881 · Chapter XI: Of Acceptance and Payment for Honour and Reference in Case of Need
Section 113: Payment for honour
In plain words
When a bill has been noted or protested for non-payment, anyone can pay it for the honour of any party liable, provided they first declare before a notary public whose honour they pay for and the notary records it.
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
When a bill of exchange has been noted or protested for non-payment, any person may pay the same for the honour of any party liable to pay the same: provided that the person so paying [or his agent in that behalf] has previously declared before a notary public the party for whose honour he pays, and that such declaration has been recorded by such notary public.
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 113
No Supreme Court judgment in our database cites this section yet.