Negotiable Instruments Act, 1881
Section - 33 - Only drawee can be acceptor except in need or for honour
Only drawee can be acceptor except in need or for honour.
33. 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.
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