Law Maker

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

Section 124: Cheque crossed specially

The Negotiable Instruments Act, 1881

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.

Practise questions on Negotiable Instruments Act, 1881