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Negotiable Instruments Act,1881

Act No : 26


Section : Cheque crossed generally.

123.Cheque crossed generally. 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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