Legal Question in Banking Law in India

Dear Sir,

I have obtained demand draft from bank in favour of my customer and I have not handed over the original demand draft to customer, now I want to cancel the demand draft from my side. Is it legally correct or there will be any legal complication in this.

Rajesh Patil

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Asked on 8/02/16, 12:51 am

1 Answer from Attorneys

No. U can cancel and take back the amount.

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Answered on 8/02/16, 12:55 am


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