Legal Question in Banking Law in India

Is clearing a cheque in second attempt a criminal offence? Does it damage the credibility of the cheque drawer?

Asked on 6/16/13, 4:30 am

3 Answers from Attorneys

Fca Prashant Chavan Expert Edge LLP

16.06.2013

Dear Sir / Madam,

A cheque cleared in second attempt is not a criminal offence. If the fault is of the payer, it does damage his credibility in case of repeated defaults.

Regards,

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Answered on 6/16/13, 5:22 am
J. Radhakrishnan independent Practice

No, as long as the cheque is cleared there is no offence

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Answered on 6/16/13, 6:47 am
KarVai Legal Solutions Rajiv Gupta 9811284735 Ch.No: 359, Western Wing, Tis Hazari, Delhi www.karvai.in

clearance of cheque even by third attempt is not an offence.

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Answered on 6/17/13, 12:41 am


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