LawgistThe Negotiable Instruments Act
127Payment 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.
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OF CROSSED CHEQUE
- 123 Cheque crossed generally
- 124 Cheque crossed specially
- 125 Crossing after issue
- 126 Payment of cheque crossed generally
- 127 Payment of cheque crossed specially more than once
- 128 Payment in due course of crossed cheque
- 129 Payment of crossed cheque out of due course
- 130 Cheque bearing ''not negotiable''
- 131 Non-liability of banker receiving payment of cheque
- 131A Application of Chapter to drafts
