The law › NI Act

Negotiable Instruments Act, 1881

Section 33, NI Act: Only drawee can be acceptor except in need or for honour

Pundora · Published 3 October 2026

Section 33 of the Negotiable Instruments Act, 1881, in the Act's own words.

The 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.

The text is India Code's consolidated text as loaded into Pundora's statute corpus on 1 September 2026. A section quoted in a draft checked by Pundora is checked against this text.

Sources

  1. India Code: Negotiable Instruments Act, 1881, section 33 (read 1 September 2026)

The Act's own words, from India Code. If the text here differs from the Gazette, the Gazette governs; write to contact@pundora.in and it will be corrected and dated.