Legal Question in Credit and Debt Law in Pakistan

Is it mandatory for the bank to tick dishonoury slip given all reasons.

Insuffient balance

Signature differ

Stop payment if payment is stoped

Account payee only cheque

or any other

As rule of State Bank of Pakistan or rule prevailing in pakistan for banks.


Asked on 1/14/12, 11:38 am

1 Answer from Attorneys

it is a matte of banking administrative procedure.

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Answered on 6/04/12, 11:02 am


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