Bare ActsThe Negotiable Instruments Act, 1881

Section 125

Crossing after issue.

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

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.

Amended up to 2019-11-02View on India Code →
Section 125 – The Negotiable Instruments Act, 1881 | DailyLaw.ai