Cheque crossed generally
Full Text
Cheque crossed generally.—Where a cheque bears across its face an addition of the words “and company” or any abbreviation thereof, between two parallel transverse lines, or of two parallel transverse lines simply, either with or without the words “not negotiable,” that addition shall be deemed a crossing, and the cheque shall be deemed to be crossed generally.
Plain English Summary
Defines general crossing of a cheque by the addition of two parallel transverse lines, with or without words like and company or not negotiable.
Key Legal Elements
- Two parallel transverse lines across the face of the cheque
- May optionally include words and company or its abbreviation
- May be with or without the words not negotiable
- Mandates payment only through a banking channel
Practical Note
General crossing is a statutory instruction to the paying banker that the cheque cannot be encashed over the bank counter in cash. It must be credited to a bank account. If the paying banker pays cash over the counter for a generally crossed cheque, the bank loses statutory protection and is liable for conversion.
हिंदी पाठ
सामान्यतः रेखांकित चेक।—जहां किसी चेक के मुखपृष्ठ पर दो समानांतर तिरछी रेखाओं के बीच “और कम्पनी” शब्द या उसका कोई संक्षिप्त रूप, अथवा केवल दो समानांतर तिरछी रेखाएं, “अपरक्राम्य” शब्दों के साथ या उनके बिना जोड़ी गई हों, वहां वह जोड़ रेखांकन माना जाएगा, और वह चेक सामान्यतः रेखांकित समझा जाएगा।