Section 115 Drawee in case of need. of NEGOTIABLE INSTRUMENTS ACT, 1881

Drawee in case of need.

115. Where a drawee in case of need is named in a bill of exchange, or in any indorsement thereon, the bill is not dishonoured until it has been dishonoured by such drawee.

Analysis by Experts

No explanations yet!!! Please, Login to provide explanation for this section.

Never File Wrong GSTR-1

Check your GST numbers in bulk. Check unlimited GST numbers with very cheap packages.

Used by
Browse all sections of NEGOTIABLE INSTRUMENTS ACT, 1881
Ask Question