BILLS OF EXCHANGE ACT - 1961 (ACT 55)

Section - 21 - Signature Essential to Liability

No person is liable as drawer, endorser, 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.