Bare ActsThe Negotiable Instruments Act, 1881

Section 124

Cheque crossed specially.

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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.

Amended up to 2019-11-02View on India Code →
Section 124 – The Negotiable Instruments Act, 1881 | DailyLaw.ai