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Indian Law - Bare Acts India
Banking Law -
THE NEGOTIABLE INSTRUMENTS ACT, 1881


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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.

 

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