https://www.taxtmi.com/acts?id=7694 Where an acceptance on a negotiable instrument does not specify for whose honour it is made, such acceptance is deemed to be for the honour of the drawer, supplying a statutory default allocation of the honour when the beneficiary is not expressly identified. en-us Sat, 19 Jan 2008 22:45:54 +0530 Sat, 19 Jan 2008 22:45:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=7694 Where an acceptance on a negotiable instrument does not specify for whose honour it is made, such acceptance is deemed to be for the honour of the drawer, supplying a statutory default allocation of the honour when the beneficiary is not expressly identified. Act-Rules Indian Laws Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=7694