Legal Question in Business Law in India
What all possible ways for Demand draft bounces and what legal case we can file against the party?
Asked on 10/09/18, 2:52 am
1 Answer from Attorneys
IqbalAhmed Shaikh
Moavin Legal Associates
A DD is prepaid negotiable instrument and hence cannot bounce. You proceed against bank before Banking Ombudsman and Consumer forum
Answered on 10/09/18, 5:49 pm
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