Legislative Dictionary - C

Judicial Dictionary


Legislative Dictionary


Cheque crossed specially

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CategoryC
TitleCheque crossed specially
Details

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.

[See, section 124, the Negotiable Instrument Act, 1881 (Act No. XXVI of 1881)].
Created OnJune 1, 2011, 1:15 PM
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