Negotiable Instruments Act, 1881 · Chapter XI: Of Acceptance and Payment for Honour and Reference in Case of Need
Section 114: Right of payer for honour
In plain words
A person who pays for honour gets all the rights of the holder at that time, and can recover from the party for whose honour they paid the amount, with interest and proper expenses.
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
Any person so paying is entitled to all the rights in respect of the bill, of the holder at the time of such payment, and may recover from the party for whose honour he pays all sums so paid, with interest thereon and with all expenses properly incurred in making such payment.
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 114
No Supreme Court judgment in our database cites this section yet.