Legal Question in Banking Law in India

Hi,

i have received a cheque from our party without a/c no, by mistake i have produced it to our canara bank they sent it to clearing house & after returning it canara bank has deducted bouncing charge from my a/c


Asked on 10/20/11, 4:36 am

3 Answers from Attorneys
Aniruddha Pawse Aniruddha.P.Pawse Advocates

inform the party and ask for chq amount & refund of chgs

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Answered on 10/20/11, 5:55 am
J. Radhakrishnan independent Practice

canara bank cannot be faulted to levying bouncing charges. address letter by RPAD to drawer to pay you the cheque amount plus return charges within 15 days, failing which take proceedings against him under Sec.138 of the N.I.Act

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Answered on 10/20/11, 8:56 pm
Sanjay Kalra Sanjay Kalra & Associates

Thanks for the information . But what is your question ?

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Answered on 10/21/11, 2:37 am


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