Bare ActsThe NEGOTIABLE INSTRUMENTS ACT, 1881

Section 130

Cheque bearing “not negotiable”

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

Cheque bearing “not negotiable”.—A person taking a cheque crossed generally or specially, bearing in either case the words “not negotiable,” shall not have, and shall not be capable of giving, a better title to the cheque than that which the person from whom he took it had.

Section 130 – The NEGOTIABLE INSTRUMENTS ACT, 1881 | DailyLaw.ai