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Bills of Exchange Act, 1964 (Act No. 34 of 1964)

Chapter I

Capacity and authority of parties

21. Signature as requirement for liability


No person is liable as drawer, acceptor or indorser of a bill if he has not signed it as such: Provided that—

(a) if a person signs a bill in a trade or assumed name, he is liable thereon as if he had signed it in his own name; and
(b) the signature of the name of a firm is equivalent to the signature, by the person so signing, of the names of all persons liable as partners of that firm.