Legal Question in Banking Law in India
A bearer cash cheque payment can be given to bearer even if account holder signature is present on front side of cheque but not present on the back side of cheque
Asked on 10/18/15, 1:21 am
1 Answer from Attorneys
Fca Prashant Chavan
Expert Edge LLP
18.10.2015
Dear Sir / Madam,
No, a bearer cash payment cheque has to bear the signature of the Account holder(s) on the face of the cheque and the reverse of the cheque.
Regards,
Answered on 10/18/15, 3:27 am
Related Questions & Answers
-
Ours is a Partnership concern with the Partners being Father, Mother, Son and... Asked 10/13/15, 3:47 am in India Banking Law
-
Am working in a private company as a key person,as it is a start up company i have... Asked 10/13/15, 3:28 am in India Banking Law
-
Guarantor died 2010 and loan borrower was died in 2015 my question is after deth... Asked 10/13/15, 1:39 am in India Banking Law
-
On the death of one of the AOS locker holders, does the simple deletion of that name... Asked 10/12/15, 11:49 pm in India Banking Law
-
I have given a cheque to the customer. But it returned due to alteration in date. I... Asked 10/11/15, 11:06 pm in India Banking Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
