law: Negotiable Instruments Act, 1881 
  113. Payment for honor 
  When a bill of exchange has been noted or protested for
  
  non-payment, any person may pay the same for the honor of any party liable to
  
  pay the same; provided that the person so paying 17[or his agent in that
  
  behalf] has previously declared before a notary public the party for whose
  
  honor he pays, and that such declaration has been recorded by such notary
  
  public.