Crossed cheque rule: payment allowed only through a banker; special crossing confines payment to named banker or agent. A cheque crossed generally requires the banker on whom it is drawn to pay only through a banker, prohibiting direct payment to the bearer or payee. A cheque crossed specially restricts payment to the specified banker or that banker's authorised agent for collection, thereby limiting the mode and recipient of payment to intermediary banking entities.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Crossed cheque rule: payment allowed only through a banker; special crossing confines payment to named banker or agent.
A cheque crossed generally requires the banker on whom it is drawn to pay only through a banker, prohibiting direct payment to the bearer or payee. A cheque crossed specially restricts payment to the specified banker or that banker's authorised agent for collection, thereby limiting the mode and recipient of payment to intermediary banking entities.
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