Legal Question in Banking Law in India

can cheque return memo be given for bearer cheque presented for payment across the counter which has returned for insufficient fund


Asked on 7/16/12, 1:20 am

2 Answers from Attorneys

Vishwa Arya Arya & Co.

yes

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Answered on 7/16/12, 1:21 am
J. Radhakrishnan independent Practice

yes. The presenter can seek a memo for return of the cheque

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Answered on 7/16/12, 9:10 am


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