Tue. Oct 27th, 2020

Section 130 of The Negotiable Instruments Act, 1881

1 min read

130. Cheque bearing “not negotiable”. – A person taking a cheque crossed generally or specially, bearing in either case the words “not negotiable”, shall not have and shall not be capable of giving, a better title to the cheque than that which the person from whom he took it had.

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