NIA Section 126

Negotiable Instruments Act

US
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NIAChapter XIV

S. 126

Payment of cheque crossed generally

Description

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.

By Raman Devgan
Updated: 31 Oct 2022
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