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Negotiable Instruments Act, 1881

Section 124, NI Act: Cheque crossed specially

Pundora · Published 3 October 2026

Section 124 of the Negotiable Instruments Act, 1881, in the Act's own words.

The section

124. Cheque crossed specially.

Where a cheque bears across its face an addition of the name of a banker, either with or without the words "not negotiable," that addition shall be deemed a crossing and the cheque shall be deemed to be crossed specially, and to be crossed to that banker.

The text is India Code's consolidated text as loaded into Pundora's statute corpus on 1 September 2026. A section quoted in a draft checked by Pundora is checked against this text.

Sources

  1. India Code: Negotiable Instruments Act, 1881, section 124 (read 1 September 2026)

The Act's own words, from India Code. If the text here differs from the Gazette, the Gazette governs; write to contact@pundora.in and it will be corrected and dated.