127: Payment of cheque crossed specially more than once — Negotiable Instruments Act, 1881

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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.

Effective date: 1881-12-09

Related sections

126: Payment of cheque crossed generally Payment of cheque crossed specially 128: Payment in due course of crossed cheque 125A: Crossing a material part of a cheque 129: Payment of crossed cheque out of due course 125: Crossing after issue 130: Cheque bearing “not negotiable”

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