Legal Question in Banking Law in India

dishoner of chq due to automaticaly account closed

mean while a chq issue in the name of third persion,but the chq is dishoner on the account due to account is closed ,

further the matter is perview of sec 138 ni act or not


Asked on 5/15/08, 7:47 am

2 Answers from Attorneys

Aniruddha Pawse Aniruddha.P.Pawse Advocates

Re: dishoner of chq due to automaticaly account closed

Yes if the drawer has failed to pay the amount liable.

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Answered on 5/17/08, 4:10 am
Homi Maratha N.N. Maratha & Co.-Advocates

Re: dishoner of chq due to automaticaly account closed

Yes if the payment is failed.

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Answered on 6/08/08, 1:46 pm


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