Not negotiable endorsement limits title transfer; transferee cannot acquire better title than transferor under negotiable instruments law A cheque crossed generally or specially and bearing the words 'not negotiable' prevents a person taking it from obtaining or giving a better title than that of the person from whom they took it, thereby limiting transferability and preserving the transferor's position with respect to defects in title.
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Provisions expressly mentioned in the judgment/order text.
Not negotiable endorsement limits title transfer; transferee cannot acquire better title than transferor under negotiable instruments law
A cheque crossed generally or specially and bearing the words "not negotiable" prevents a person taking it from obtaining or giving a better title than that of the person from whom they took it, thereby limiting transferability and preserving the transferor's position with respect to defects in title.
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