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Section 114 – The Negotiable Instruments Act, 1881

The Negotiable Instruments Act, 1881

 

114. Right of payer for honor.-

 

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 honor he pays all sums so paid, with interest thereon and with all expenses properly incurred in making such payment.

 

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The Negotiable Instruments Act, 1881

 

Indian Laws – Bare Acts

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