Section 115:
Drawee in case of need.
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.
Act Number: 26
Act Name: The Negotiable Instruments Act, 1881
Year: 1881
Enactment Date: 1881-12-09
Long Title: An Act to define and amend the law relating to Promissory Notes, Bills of Exchange and Cheques.
Ministry: Ministry of Finance
Department: Department of Financial Services