Negotiable Instruments Act : Only drawee can be acceptor except in need or for honour. Indian Bare Acts

Negotiable Instruments Act,1881

Act No : 26

Section : Only drawee can be acceptor except in need or for honour.

33.Only drawee can be acceptor except in need or for honour. No person except the drawee of a bill of 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.