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For a collecting banker to be protected under Section 131 of the Negotiable Instruments Act, 1881, the…

Section 131 protects a banker who receives payment for a customer "of a cheque crossed generally or specially to himself". An uncrossed cheque falls outside it, and "not…

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For a collecting banker to be protected under Section 131 of the Negotiable Instruments Act, 1881, the cheque must be:

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Correct answer A

Section 131 protects a banker who receives payment for a customer "of a cheque crossed generally or specially to himself". An uncrossed cheque falls outside it, and "not negotiable" words are not needed for the protection.

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