Crossed cheque generally treated as crossing when 'and company' or parallel lines appear, irrespective of 'not negotiable'. A cheque is deemed crossed generally where the addition of "and company" or its abbreviation between two parallel transverse lines, or two parallel ... Summary
Crossed cheque generally treated as crossing when 'and company' or parallel lines appear, irrespective of 'not negotiable'.
A cheque is deemed crossed generally where the addition of "and company" or its abbreviation between two parallel transverse lines, or two parallel transverse lines alone, constitutes a crossing; the presence or absence of the words "not negotiable" does not alter that characterization.
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