Legal Question in Banking Law in India
If an account is in the name of Ashok Kumar Gupta and a cheque is sought to be deposited by Shri Gupta in said account bearing the payee name as A.K.Gupta. Is the bank justified in returning the cheque
Asked on 2/09/11, 10:56 pm
2 Answers from Attorneys
Professor SOMNATH MUKHERJEE
MUKHERJEE ASSOCIATES(Cell +91 9874753359/ 9477781578)
it is depend upon the bank
Answered on 2/10/11, 9:02 am
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