Section 33Central Act

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.

Sec 32 — Liability of maker of note and acceptor of bill.

Sec 34 — Acceptance by several drawees not partners.

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