34: Acceptance by several drawees not partners — Negotiable Instruments Act, 1881

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Where there are several drawees of a bill of exchange who are not partners, each of them can accept it for himself, but none of them can accept it for another without his authority.

Effective date: 1881-12-09

Related sections

33: Only drawee can be acceptor except in need or for honour 35: Liability of indorser 32: Liability of maker of note and acceptor of bill 36: Liability of prior parties to holder in due course 31: Liability of drawee of cheque 37: Maker, drawer and acceptor principals

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