Section 123 Negotiable Instruments Act, 1881

 

Section 123 Negotiable Instruments Act, 1881 in Hindi and English 

Section 123 Negotiable Instruments Act, 1881 :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.

Supreme Court of India Important Judgments And Case Law Related to Section 123 of Negotiable Instruments Act, 1881 :

Karan Singh vs Jamuna Singh on 16 April, 1958

Allahabad High Court Cites 11 - Cited by 3 - Full Document

M/S. Credential Finance Ltd. & vs State Of Maharashtra & Another on 1 March, 2000

Bombay High Court Cites 8 - Cited by 3 - Full Document

Kuruvila Aged 50 Years vs Unknown on 27 January, 2004

Kerala High Court

4 Whether This Case Involves A vs State Of Gujarat & on 5 May, 2017

Gujarat High Court 

Maganti Ganta Avadhani vs Kopuri Sreenivasa Rao on 6 March, 2007

Andhra High Court 

Mangayarkarasi vs Natarajan on 2 January, 2012

Madras High Court 

Shri Sada Vijay Kumar vs State Of Maharashtra & Anr on 18 December, 2012

Bombay High Court 

Royal Bank Of Scotland N.V vs Andhra Bank on 4 May, 2018

Bombay High Court 

Electronic Research Private Ltd vs Canara Bank on 22 December, 2020

Karnataka High Court 

Rajesh Gupta vs Central Bank Of India on 13 December, 2013

Delhi High Court 

परक्राम्य लिखत अधिनियम, 1881 की धारा 123 का विवरण :  - जहाँ कि चैक पर उसके मुख भाग को काटती हुई दो समानान्तर आड़ी रेखाओं के बीच "और कंपनी" शब्द या उनका कोई संक्षेपाक्षर या केवल दो समानान्तर आड़ी रेखाएँ “परक्राम्य नहीं है' शब्दों के सहित या बिना बढ़ा दिए गए हैं वहाँ ऐसा बढ़ाना क्रॉस करना समझा जाएगा और वह चैक साधारणतः क्रॉस किया हुआ समझा जाएगा ।

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