The NEGOTIABLE INSTRUMENTS ACT, 1881

P A R T I E S T O N O T E S, B I L L S A N D C H E Q U E S .

Section 33: Only 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.