What is the meaning of Only drawee can be acceptor except in need or for honour? What is Acceptance by several drawees not partners? Only drawee can be acceptor except in need or for honour and Acceptance by several drawees not partners are defined under Section 33 and 34 of Negotiable Instruments Act 1881
No person except the drawee of a bill of 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
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.
CHAPTER III PARTIES TO NOTES, BILLS AND CHEQUES