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.
Chapter III — PARTIES TO NOTES, BILLS AND CHEQUES
Section 33
Only drawee can be acceptor except in need or for honour.
Printed from Law on Tips • The Negotiable Instruments Act, 1881