Mera Samvidhaan All of Negotiable Instruments Act, 1881

Chapter XIV · Of Crossed Cheques

124Cheque crossed specially.

Section 124 · Chapter XIV · page 26 of the Act

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.

Section 124 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.