Bare ActsThe NEGOTIABLE INSTRUMENTS ACT, 1881

Section 33

Only drawee can be acceptor except in need or for honour

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Only drawee can be acceptor except in need or for honour.—No person except the drawee of a bill exchange, or all or some of several drawees, or a person named therein as a drawee in case of need, or an acceptor for honour, can bind himself by an acceptance.

Section 33 – The NEGOTIABLE INSTRUMENTS ACT, 1881 | DailyLaw.ai