Negotiable Instruments Act, 1881
Section 127, NI Act: Payment of cheque crossed specially more than once
Section 127 of the Negotiable Instruments Act, 1881, in the Act's own words.
The section
127. Payment of cheque crossed specially more than once.
Where a cheque is crossed specially to more than one banker, except when crossed to an agent for the purpose of collection, the banker on whom it is drawn shall refuse payment thereof.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
- India Code: Negotiable Instruments Act, 1881, section 127 (read 1 September 2026)