Cheque

Cheque: As per Negotiable Instrument Act-1881, Article-6
A 'Cheque' is a bill of exchange drawn on a specified banker and not expressed to be payable otherwise than on demand.
A Cheque is an unconditional order in writing drawn on  a banker signed by the drawer, requiring the banker to pay on demand a sum/certain money to or to the order of a specified person or to bearer.-Dr. Hart.



A Cheque is an order in writing on a bank to pay certain sum of money on demand which is signed by the maker. - John Harry

Kind of Cheques:
1.Bearer Cheque:
2.Order Cheque:
3.Crossed Cheque
a) General Crossed
b) Special Crossed
4.Open Cheque
5.Blank Cheque
6.Stale Cheque
7.Traveler's Cheque
etc

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