Section 23Part 2 — Bills of Exchange
Signature essential to liability
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No person is liable as drawer, indorser or acceptor of a bill who has not signed it as such:
Provided that —
where a person signs a bill in a trade or assumed name, that person is liable thereon as if that person had signed it in that person’s own name; and
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 in that firm.