Legal Question in Banking Law in India

Dear sir,

One Person is cheating me from one bank check

he found singed / self signed (Didn't remember) from my home. This is confirm that i never communicated / transacted any financial term with that person personally / professionally.

The account is closed from ICICI Bank opened in Allahabad 2002.

The account is Transfered in Ghaziabad and the banker closed the allahabad account & provided new account ICICI Bank opened New in Ghaziabad 2004.

My Question is ?

1. What is the liabilities / value ability / accountability of check if the account is closed and some one get check after 2 , 3 year and he was trying to bounced the check & file court case under U/s 138 with in section 420 ipc ?

2. is there any rule in banking if the account is closed after that the check and the liabilities of the same is over from the account holder?

Thanks & Regards


Asked on 3/25/11, 11:05 pm

1 Answer from Attorneys
Shrichand Nahar S.V.Nahar, Advocate

1. Amount of cheque may be the liability.

2. No such rule.

Read more
Answered on 6/11/11, 11:06 pm


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