Section 126

Payment of cheque crossed generally.

The Negotiable Instruments Act, 1881

  • Act 26 of 1881
  • Ministry of Finance
  • Department of Financial Services
About this Act

An Act to define and amend the law relating to Promissory Notes, Bills of Exchange and Cheques.

All sections
    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.

Source: India Code (Legislative Department, Govt. of India). Check the official Gazette before relying on it in court. Not legal advice. Free legal aid: 15100 (NALSA) · Know your rights

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