Legal Question in Banking Law in India
hi law guru..i want to know that whether i can give a bearer cheque of 7,50,000 to person Mr.X so that he can withdraw cash on counter..and whether he should be accompanied by me...?...keeping in mind that it is not a self cheque nor its crossed (i.e pay Mr. X) ...and his name should have an entry in my passbook
Asked on 10/14/16, 9:54 am
1 Answer from Attorneys
Fca Prashant Chavan
Expert Edge LLP
15.10.2016
Dear Sir / Madam,
You should check all this with your Bank.
Regards,
Answered on 10/15/16, 4:21 am
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