Legal Question in Banking Law in India

2. If you have issued a notice to bank for closing of your account can bank honor the cheque after getting this notice?


Asked on 10/16/11, 8:52 am

3 Answers from Attorneys

J. Radhakrishnan independent Practice

Once the bank receives notice of closure of account from its account holder, it cannot honour cheques issued by him/her after receipt of such notice.

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Answered on 10/16/11, 9:17 pm
Aniruddha Pawse Aniruddha.P.Pawse Advocates

no

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Answered on 10/16/11, 10:55 pm
Sanjay Kalra Sanjay Kalra & Associates

No.

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Answered on 10/16/11, 11:49 pm


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