Section 23
Signature essential to liability
ActIn forceProvision 23 of 104
Section 23
No person is liable as drawer, indorser, or acceptor of a bill who has not signed it as such:
Provided that —
(a)
where 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;
(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 in that firm.