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The Negotiable Instruments Act, 1881

Section 124Cheque crossed specially

In forcePart IVChapter XIV SPECIAL PROVISIONS RELATING TO CHEQUES

Part IV

Chapter XIV SPECIAL PROVISIONS RELATING TO CHEQUES

s. 124

124. Cheque crossed specially 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. [Crossing after issue] Cheque crossed specially 125. Where a cheque is uncrossed, the holder may cross it generally or specially. Crossing after issue 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. When an uncrossed cheque, or a cheque crossed generally, is sent to a banker for collection, he may cross it specially to himself.

End of s. 124.

Read the contents: The Negotiable Instruments Act, 1881