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CHAPTER XIV O F CROSSED C H E Q U E S

Section 123: Cheque crossed generally

The Negotiable Instruments Act, 1881

Where a cheque bears across its face an addition of the words “and company” or any abbreviation thereof, between two parallel transverse lines, or of two parallel transverse lines simply, either with or without the words “not negotiable,” that addition shall be deemed a crossing, and the cheque shall be deemed to be crossed generally.

Questions on this section

1 question in 4 of our papers cite Section 123. Try these from the free papers:

  1. 1. Under Section 123 of the Negotiable Instruments Act, 1881, a cheque is deemed to be crossed generally when it bears across its face:

Practise questions on Negotiable Instruments Act, 1881