Cross Cheque

Crossed Cheque The process referred to as Crossing of Cheques specifies a general instruction to a cheque which is about to be deposited to a bank account. According to Section 123 of the Negotiable Instruments Act, 1881 about Crossing of Cheques, the instruction stated above defines that the amount specified in the cheque will be […]

Sec 142(2) NI Act No Classification of Cheque as Bearer Or Cross

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CHEQUE, Bearer cheque, Order cheque, Crossed cheque