Section 124 NI Act — Cheque crossed specially

The Negotiable Instruments Act, 1881 · Official PDF page 26

124. Cheque crossed specially. —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 crossin g and the cheque shall be deemed to be crossed specially, and to be crossed to that banker.

Text extracted from the official PDF (India Code source copy; consolidation date not certified). Line breaks and footnote marks may differ; the PDF is the authority.

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