Mera Samvidhaan All of Negotiable Instruments Act, 1881

Chapter III · Parties to Notes, Bills and Cheques.

42Acceptance of bill drawn in fictitious name.

Section 42 · Chapter III · page 13 of the Act

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.

Section 42 of The Negotiable Instruments Act, 1881 is reproduced in full above, as printed by India Code, with its footnotes and amendment markers. Read the whole Act, or browse every Act on Mera Samvidhaan.