Mera Samvidhaan All of Negotiable Instruments Act, 1881

Chapter XIV · Of Crossed Cheques

126Payment of cheque crossed generally.

Section 126 · Chapter XIV · page 26 of the Act

Where a cheque is crossed generally, the banker on whom it is drawn shall not pay it otherwise than to a banker.

Payment of cheque crossed specially.—Where a cheque is crossed specially, the banker on whom it is drawn shall not pay it otherwise than to the banker to whom it is crossed, or his agent for collection.

Section 126 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.