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Section 129 – The Negotiable Instruments Act, 1881

The Negotiable Instruments Act, 1881

 

129. Payment of cheque crossed specially more than once

 

Any banker paying a cheque crossed generally otherwise than to a banker or a cheque crossed specially otherwise than to the banker to whom the same is crossed, or his agent for collection, being a banker, shall be liable to the true owner of the cheque for any loss he may sustain owing to the cheque having been so paid.

 

 

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The Negotiable Instruments Act, 1881

 

Indian Laws – Bare Acts

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