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Section 126 of Negotiable Instruments Act - Payment of cheque crossed generally


Section 126 Negotiable Instruments Act Description

Where a cheque is crossed generally, the banker on whom it is drawn shall not pay it otherwise than to a banker.



Payment of cheque crossed specially.Where a cheque is crossed specially, the banker on whom it is drawn shall not pay it otherwise than to the banker to whom it is crossed, or his agent for collection.


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