Bare ActsThe NEGOTIABLE INSTRUMENTS ACT, 1881

Section 124

Cheque crossed specially

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Cheque crossed specially.—Where a cheque bears across its face an addition of the name of a banker, either with or without the words “not negotiable,” that addition shall be deemed a crossing and the cheque shall be deemed to be crossed specially, and to be crossed to that banker.

Section 124 – The NEGOTIABLE INSTRUMENTS ACT, 1881 | DailyLaw.ai