Negotiable instrument act/ cheque

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MANOJ SINGH (Querist)
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28 June 2012 1. "A/c payee" crossed cheque can be endorsed further or not????
1. "Not negotiable" crossed cheque can be endorsed further or not????

CA Siddhartha Bhardwaj (Expert)
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28 June 2012 Both of them CANNOT be endorsed.

MANOJ SINGH (Querist)
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28 June 2012 Pleas mentio the relevant sections or notifications...

MANOJ SINGH (Querist)
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28 June 2012 Pleas mention the relevant sections or notifications...

MANOJ SINGH (Querist)
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28 June 2012 "Not negotiable" cheque can be further endorsed but it will be the subject of title-good or bad.

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