Legal Question in Business Law in India

What all possible ways for Demand draft bounces and what legal case we can file against the party?

Asked on 10/09/18, 2:52 am

1 Answer from Attorneys

IqbalAhmed Shaikh Moavin Legal Associates

A DD is prepaid negotiable instrument and hence cannot bounce. You proceed against bank before Banking Ombudsman and Consumer forum

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Answered on 10/09/18, 5:49 pm

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