Negotiable Instruments Act — Section 125

Crossing after issue.—Where a cheque is uncrossed, the holder may cross it generally or

125. Crossing after issue.—Where a cheque is uncrossed, the holder may cross it generally or

specially.

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.

Judgments citing Section 125

Text reproduced from the public statutes on which the corpus is built. Verify against the official Gazette before relying on it. This is statute reference, not legal advice.