Law Maker

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

Section 125: Crossing after issue

The Negotiable Instruments Act, 1881

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.

Questions on this section

1 question in 4 of our papers cite Section 125.

Practise questions on Negotiable Instruments Act, 1881