Legal Question in Banking Law in India
cheque bouncing`
In continuation to my earlier querries regarding bouncing of cheque of Govt. corporation who has 100% share holding of govt. ( I am not a signatories of the cheque or incharge of the day today affairs of the company)please reply on the following question/ or i have to use the following grounds when the trial start
1.At the time of PDC presented to the bank, one signatory has retired from the service and later on expired and corporation has changed the signatories of the account . Even though the funds were available in the account the cheque could not be encashed/honoured for want of change of signatories.
2.corporation has already closed the account before presentati0n of the cheque and infomed the complainaints in advance.
3.Bank has informed the complainaints that insufficient balance and account closed instead of the account closed. It is a fault of the bank side to mentioned the reason that insufficient balance.When the account closed , the quesition of insufficient balance does not arise.
Bank has also not informed the reason of change of signatories.
3.When the one signatory expired, the liabilities of the cheque amount goes to whom
7 Answers from Attorneys
Re: cheque bouncing`
I have replied to your question previously.
Re: cheque bouncing`
you have a good case on merit however it is procedure whereby you will be required to appear before the court furnish bail and then raise your defence . In the meanwhile you can file consumer case and criminal case against bank and concerned
Re: cheque bouncing`
you have a good case on merit however it is procedure whereby you will be required to appear before the court furnish bail and then raise your defence . In the meanwhile you can file consumer case and criminal case against bank and concerned
Re: cheque bouncing`
you have a good case on merit however it is procedure whereby you will be required to appear before the court furnish bail and then raise your defence . In the meanwhile you can file consumer case and criminal case against bank and concerned
Re: cheque bouncing`
Pls contact personally.
Re: cheque bouncing`
already replied
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