Section 127, Negotiable Instruments Act, 1881 — Payment of cheque crossed specially more than once

Chapter XIV · Of Crossed Cheques

127Payment of cheque crossed specially more than once.

Section 127 · Chapter XIV · page 26 of the Act

Where a cheque is crossed specially to more than one banker, except when crossed to an agent for the purpose of collection, the banker on whom it is drawn shall refuse payment thereof.

Section 127 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.