Legal Question in Banking Law in India
A cheque was issued on 3rd Dec 2009 when the person was alive to a person but the peron who issued the cheque died on 9 th dec 2009 the cheque was encashed on 29th dec 2009 . I it correct or not Please clarify
Thanks
Asked on 3/07/10, 10:01 am
2 Answers from Attorneys
Sudershan Goel
India Law Offices of Sudershan Goel - Advocate
The drawee of a cheque, issued by drawer before his death, is entitled to encash the same after death of the drawer.
Answered on 3/07/10, 11:00 am
RAJIV GUPTA
(Cell: +91 9811284735) [email protected]
in case the cheque is bounced, the legal heirs are not liable.
Answered on 3/08/10, 12:36 am
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