Section 42
Acceptance of bill drawn in fictitious name.
The Negotiable Instruments Act, 1881
About this Act
An Act to define and amend the law relating to Promissory Notes, Bills of Exchange and Cheques.
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.