Negotiable Instruments Act, 1881
← Negotiable Instruments Act, 1881
III · Section 42

Acceptance of bill drawn in fictitious name

Synced on 04 Jul 2026Text as per India Code

An acceptor of a bill of exchange drawn in a fictitious name and payable to the drawer's order is not, by reason that such name is fictitious, relieved from liability to any holder in due course claiming under an indorsement by the same hand as the drawer's signature, and purporting to be made by the drawer.

Judgments on Section 42