Implementation of Geneva Conventions Act, 2012
R 385
Bills of Exchange Act, 1964 (Act No. 34 of 1964)Chapter ICapacity and authority of parties21. 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. |
