Section 34 NI Act — Acceptance by several drawees not partners

The Negotiable Instruments Act, 1881 · Official PDF page 13

34. Acceptance by several drawees not partners. —Where there are several drawee s 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.

Text extracted from the official PDF (India Code source copy; consolidation date not certified). Line breaks and footnote marks may differ; the PDF is the authority.

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