Section 113 of The Negotiable Instruments Act : Payment for honour.
Payment for honour. Negotiable Instruments Act 1881
When a bill of exchange has been noted or protested for non-payment, any person may pay the same for the honour of any party liable to pay the same: provided that the person so paying 1[or his agent in that behalf] has previously declared before a notary public the party for whose honour he pays, and that such declaration has been recorded by such notary public.1. Ins. by Act 2 of 1885, s. 9.