Legal Question in Banking Law in India
we are pharma company we sending our productes through c o d system( cheque on deliwary) our party taken stock through couriear dtdc and given cheque to DTDC on our name that is old date six monthes back that to one local bank(current account).what to do.
Asked on 10/03/10, 4:02 am
2 Answers from Attorneys
Vishwa Arya
Arya & Co.
cheque is not valid. you may write to both DTDC as well as to the party for issuance of a new cheque or else you may recover from both the party and DTDC for damages
Answered on 10/03/10, 5:05 am
RAJIV GUPTA
(Cell: +91 9811284735) [email protected]
you cannot deposit the 6 months old cheque and courier company is not responsbile for it unless there is an agreement specifying the same.
Answered on 10/04/10, 2:46 am
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