NIA Section 123

Negotiable Instruments Act

US
  • Home
  • Prev
  • Index
  • Next
Messages
NIAChapter XIV

S. 123

Cheque crossed generally

Description

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.

By Raman Devgan
Updated: 31 Oct 2022
  • Top
  • Prev
  • Index
  • Next
© 2025 A Lawyers Reference™
229 Users Online   |   TimeTaken 0.5399 secs
» All Sections Lists:BNS /IPC /CrPC /NIA /HMA /IEA /MVA
  •  
  •  
  •  
  •  
  •