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NI Act, Section 127. Payment of cheque crossed specially more than once


 
Category of Bare Act Name of the Act Year of Promulgation
Criminal Laws Negotiable Instruments Act 1881
Act Number Enactment Date Chapter Number
26 09.12.1881 14
Chapter Title Ministry Department
Of Crossed Cheques Ministry of Finance Department of Financial Services

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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