Central · Act 26 of 1881

Section 42 — Acceptance of bill drawn in fictitious name.

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An acceptor of a bill of exchange drawn in a fictitious name and payable to the drawer's order is not, by reason that such name is fictitious, relieved from liability to any holder in due course claiming under an indorsement by the same hand as the drawer's signature, and purporting to be made by the drawer.

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Next · Section 43Negotiable instrument made, etc., without consideration. →All sections / सभी धाराएँThe Negotiable Instruments Act, 1881 →

More sections of this act

Section 1 · Short title.Section 2 · [Repealed.].Section 3 · Interpretation-clause.Section 4 · ''Promissory note''.Section 5 · ''Bill of exchange''.Section 6 · ''Cheque''.Section 7 · ''Drawer.''Section 8 · ''Holder''.

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India Code, Government of India. Text fetched 09 Oct 2026. Source metadata reports last modification: 2018-04-16. Check the linked official text and subsequent notifications when applying a provision.

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