Legal Question in Banking Law in India
whether drawee bank (customer is a soleproprietorship concern - proprietor died) is justified in honouring cheques which was dated prior to the death of the customer (proprietor)?
Asked on 7/27/11, 7:03 am
2 Answers from Attorneys
J. Radhakrishnan
independent Practice
If the bank was not aware of the death, the bank was jusified in honouring the heque.
Answered on 8/01/11, 7:18 am
KarVai Legal Solutions
Rajiv Gupta 9811284735 Ch.No: 359, Western Wing, Tis Hazari, Delhi www.karvai.in
yes as they are post dated cheques ...and signed when the proprietor ws living
Answered on 8/02/11, 12:48 am
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