Section 124: Cheque crossed specially

The Negotiable Instruments Act, 1881

Chapter- XIV Of Crossed Cheques

Section 124: Cheque crossed specially.

124. 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.


 

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