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.
Section 114: Right of payer for honour.
The Negotiable Instruments Act, 1881Central Act · Act 26 of 1881
Where this provision sits
| Act | The Negotiable Instruments Act, 1881 |
|---|---|
| Section | 114 |
| Marginal note | Right of payer for honour. |
| Jurisdiction | Central |
| Status | In force as published by the source |
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