A cheque was issued on 3rd Dec 2009 when the person was alive to a person but the peron who issued the cheque died on 9 th dec 2009 the cheque was encashed on 29th dec 2009 . I it correct or not Please clarify
Thanks
Asked on 3/07/10, 10:01 am
2 Answers from Attorneys
Sudershan Goel
India Law Offices of Sudershan Goel - Advocate
The drawee of a cheque, issued by drawer before his death, is entitled to encash the same after death of the drawer.
Answered on 3/07/10, 11:00 am
RAJIV GUPTA
(Cell: +91 9811284735) lawnrajiv@gmail.com
in case the cheque is bounced, the legal heirs are not liable.
Answered on 3/08/10, 12:36 am
Related Questions & Answers
-
Was it not banks duty to find another guarantor for their bank loans by giving... Asked 3/07/10, 8:18 am in India Banking Law
-
What is the bank duty if the guarantor dies after being guarantee for some others... Asked 3/07/10, 5:19 am in India Banking Law
-
CAN YOU PLEASE MAIL ME A SAMPLE FOR FILING COMPLAINT U/S 138 OF N.I.ACT 1881... Asked 3/06/10, 8:00 am in India Banking Law
-
Cheque Bounced - Account Closed Transffered, Bank has written this advice can I go... Asked 3/04/10, 12:00 am in India Banking Law
-
Bank took action under the sarfaesi act and recovered an amount of Rs25 Lakhs out of... Asked 3/02/10, 7:01 pm in India Banking Law
