Mera Samvidhaan All of Negotiable Instruments Act, 1881

Chapter XIV · Of Crossed Cheques

123Cheque crossed generally.

Section 123 · Chapter XIV · page 26 of the Act

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.

Section 123 of The Negotiable Instruments Act, 1881 is reproduced in full above, as printed by India Code, with its footnotes and amendment markers. Read the whole Act, or browse every Act on Mera Samvidhaan.