Negotiable Instruments Act, 1881
Section 128, NI Act: Payment in due course of crossed cheque
Section 128 of the Negotiable Instruments Act, 1881, in the Act's own words.
The section
128. Payment in due course of crossed cheque.
Where the banker on whom a crossed cheque is drawn has paid the same in due course, the banker paying the cheque, and (in case such cheque has come to the hands of the payee) the drawer thereof, shall respectively be entitled to the same rights, and be placed in the same position in all respects, as they would respectively be entitled to and placed in if the amount of the cheque had been paid to and received by the true owner 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 128 (read 1 September 2026)