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Negotiable Instruments Act, 1881

Section 34, NI Act: Acceptance by several drawees not partners

Pundora · Published 3 October 2026

Section 34 of the Negotiable Instruments Act, 1881, in the Act's own words.

The section

34. Acceptance by several drawees not partners.

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 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 34 (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.