Vidhara

The Negotiable Instruments Act, 1881

§33Only drawee can be acceptor except in need or for honour

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.

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Source & version

Official text: India Code (official)

Official India Code text: The Negotiable Instruments Act, 1881 (26 of 1881), English PDF (bitstream 123456789/15327/1/negotiable_instruments_act,_1881.pdf, 681,124 bytes, sha256 50fe22a1…) fetched directly from indiacode.nic.in (Akamai edge, DNS via dns.google) on 2026-07-29. Extracted via pdftotext 26.07 -bbox and @nexlex/ingest gazette parser. Automated parse; footnotes/amendment history excluded; spot-verified (s. 138 cheque dishonour); full clause-level proofread pending.

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