Acceptance for honor

Corporate & Other Laws

What is acceptance for honor... ? Why would any third party pay for the honor of the drawer when he/she has no interest (financial benefit) in it... ? Is there any good example for it... ?

Aditya Mishra

CA Final

★ 2K+

07-Oct-21 18:29

591

Answers (3)

Liability of wife paid by the husband or vice versa

Himanshu Somani

CA Final

★ 97K+

07-Oct-21 18:30

Ooh... Yes... Got it.... Thanks :)

Thread Starter

Aditya Mishra

CA Final

★ 2K+

07-Oct-21 18:34

Thread Starter

Aditya Mishra

Ooh... Yes... Got it.... Thanks :)

Most welcome :)

Himanshu Somani

CA Final

★ 97K+

07-Oct-21 18:36