Section 123 of Negotiable Instruments Act - Cheque crossed generally

Section 123 Negotiable Instruments Act Description

Where a cheque bears across its face an addition of the words "and company" or any abbreviation thereof, between two parallel transverse lines, or of two parallel transverse lines simply, either with or without the words "not negotiable", that addition shall be deemed a crossing, and the cheque shall be deemed to be crossed generally.

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