NIA 123 — Cheque crossed generally

Negotiable Instruments Act, 1881

Statutory text

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.

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