Bare ActsThe NEGOTIABLE INSTRUMENTS ACT, 1881

Section 125

Crossing after issue

Amendment status not verified — confirm the current text below against the official source.

Crossing after issue.—Where a cheque is uncrossed, the holder may cross it generally or specially. Where a cheque is crossed generally, the holder may cross it specially. Where a cheque is crossed generally, or specially, the holder may add the words “not negotiable”. Where a cheque is crossed specially, the banker to whom it is crossed may again cross it specially to another banker, his agent, for collection.

Section 125 – The NEGOTIABLE INSTRUMENTS ACT, 1881 | DailyLaw.ai