Negotiable Instruments Act, 1881
← Negotiable Instruments Act, 1881
III · Section 33

Only drawee can be acceptor except in need or for honour

Synced on 04 Jul 2026Text as per India Code

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.

Judgments on Section 33