dishoner of cheque
Can a Cheque be crossed to more than one banker?
By  Alankrita Singhal  |  06 Jan 2017  |  Upvotes: 0  | 

1 Answer(s)

Ravindra Purohit
Advocate

The cheque which is specially crossed as per 124 of NI act cannot be made in the name of more than one banker. Where a cheque is crossed specially to more than one banker the banker on whom it is drawn shall refuse the payment of the same thereof.

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