TaxTMI 
TaxTMI 
negotiable instrument
09 Dec 2010 
1 Reply 
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Endorsement restrictions on crossed cheque marked & Co. - endorsement not permitted as cheque is not a bill.
A crossed cheque annotated "& Co." between the lines cannot be negotiated by endorsement as if it were a bill; the instrument remains a cheque and endorsement rules for bills do not apply. (AI Summary)
A crossed cheque annotated "& Co." between the lines cannot be negotiated by endorsement as if it were a bill; the instrument remains a cheque and endorsement rules for bills do not apply. (AI Summary)
Whether we can endorsed a crossed cheque which is marked as "& Co." between the lines.........thanking You........