Legal Question in Banking Law in

A self cheque for Rs.100000 is presented with out crossing of bearer. The signature of drawer is clear and incidentally the backside of the cheque is also signed by the drawer. However on the backside there is an other signature. The customer is claiming that it is not withdrawn by him and the other person and the bank is liable for payment. Bank has not carried any id proof to the person who collected cash as it is a self or bearer cheque. Kindly clarify please.

Asked on 9/03/10, 9:53 pm

Vishwa Arya Arya & Co.

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bank is not liable if the signature of the drawer matches with his specimen signature

Answered on 9/04/10, 10:04 am

RAJIV GUPTA (Cell: +91 9811284735) [email protected]

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how is the bank in possession of the cheque attested by someone. it shows that the payment was made. no liability of the bank arises.

Answered on 9/06/10, 4:36 am

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