Negotiable Instruments Act, 1881

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Section 34

Acceptance by several drawees not partners

Chapter 3: Parties to notes, bills and cheques

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.

The Negotiable Instruments Act, 1881 (Act No. 26 of 1881). From the updated text on India Code, with later amendments. Being checked against the official copy; amendment notes are not shown yet.

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