Section 17: Definition and requisites of acceptance.
(1) The acceptance of a bill is the signification by the drawee of his assent to the order of the drawer.
(2) An acceptance is invalid unless it complies with the following conditions-
(a) it must be written on the bill and be signed by the drawee; and the mere signature of the drawee without additional words is sufficient;
(b) it must not express that the drawee will perform his promise by any other means than the payment of money.
Cite this section
Section 17, BILLS OF EXCHANGE ACT (1917).
https://repo.podus.ai/laws/bills-of-exchange-act/section/17/