What is a cheque?

Cheque is an important negotiable instrument which can be transferred by mere hand delivery. Cheque is used to make safe and convenient payment. It is less risky and the danger of loss is minimised

“A cheque is a bill of exchange drawn on a specified banker and expressed not to be payable otherwise than on demand” (section 6). OR

"Cheque is an instrument in writing containing an unconditional order, addressed to a banker, sign by the person who has deposited money with the banker, requiring him to pay on demand a certain sum of money only to or to the order of certain person or to the bearer of instrument."

Cheque: A cheque in the electronic form" means a cheque which contains the exact mirror image of a paper cheque, and is generated, written and signed in a secure system ensuring the minimum safety standards with the use of digital signature (with or without biometrics signature) and asymmetric crypto system.
General Crossing and Special Crossing in cheques

 What is a promissory note? What are the essentials of Promissory Notes

 What is a bill of exchange?

 Essentials of a bill of exchange

 Characteristic of a Bill of Exchange

 The procedure for transfer a bill of exchange-

 Difference between a promissory note and a bill of exchange.

 Dishonour of cheques

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