define honour and dishonour of bill?
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When the bill is presented for payment on the maturity of the bill, and is paid, the situation is called Honour of the Bill. Dishonour of a Bill. When the bill is presented for payment on the maturity of the bill,and is not paid, the situation is said to be Dishonour of a bill.
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When the bill is presented for payment on the maturity of the bill, and is paid, the situation is called Honour.
The bill is presented for payment on the maturity of the bill,and is not paid, the situation is said to be Dishonour of a bill.
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