Section 125 of NIA : Section 125: Crossing After Issue

NIA

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Explanation using Example

Imagine John has received an uncrossed cheque from his employer for his monthly salary. To enhance security and ensure that the cheque gets deposited directly into his bank account, John decides to cross the cheque. He adds two parallel lines on the top left corner of the cheque and writes "& Co." between them. This means he has crossed it generally. Now, only a bank can cash this...

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