Legal Question in Banking Law in Pakistan

If a forged signature cheque is paid in clearing by mistake , what consequences will be for the bank employee?


Asked on 7/17/10, 8:43 am

1 Answer from Attorneys

obviously you would have forwarded this matter to your seniors, it has to be seen that whether the cheque is furnished by the actual account holder or a stolen cheque is presented in order to defraud.you have not mentioned at what stage the matter was detected before or after the payment ?

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Answered on 7/18/10, 12:15 am


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