Section 128 of NIA : Section 128: Payment In Due Course Of Crossed Cheque
NIA
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Explanation using Example
Imagine John issues a crossed cheque to Emma for her freelance services. Emma deposits the cheque into her bank account, but before it clears, her purse is stolen with the cheque inside. The thief forges Emma's signature and somehow manages to deposit the cheque into a different bank account. The bank...
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