Legal Question in Banking Law in India
I gave a post dated cheque & it was presented for collection before due date by the collecting bank. My bank duly returned the cheque. but i was charged for cheque return by my bank. Is my bank justified in doing so? What is the remedy i have?
Asked on 7/04/11, 9:22 pm
2 Answers from Attorneys
Sanjay Kalra
Sanjay Kalra & Associates
How is it possible before the due date ? Please explain. You must have mentioned a date on the cheque and the cheques cannot be presented before that date.
Answered on 7/04/11, 11:04 pm
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