Para 4.2.3 — CAM
Original Rule Text
4.2.3 Categories of cheques and their use 4.2.3.1 Category ‘A’ Cheque (NEGOTIABLE) - These are to be used for payments, if so needed, on account of personal claims to gazetted officers, to contractors and suppliers and to public sector companies, corporations etc. Negotiable cheques will be drawn as payable to or order of the 'Payee'. However, use of Category A cheques may arise only occasionally as all these payments are now required to be made electronically. While writing cheques of this category name of the payee should be followed by his bank account numberand name of bank/branch. As a safeguard against fraudulent payment all non-salary cheques in excess of ₹ 500 and salary cheques in excess of ₹ 1000 should be crossed and marked 'Account Payee'.