Negotiable Instruments Act, 1881

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Section 127

Payment of cheque crossed specially more than once

Chapter 14: Of crossed cheques

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.

The Negotiable Instruments Act, 1881 (Act No. 26 of 1881). From the updated text on India Code, with later amendments. Being checked against the official copy; amendment notes are not shown yet.

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