Legal Question in Banking Law in India
My Father issued me a SBI cheque of amount 6 lacs, which I deposited in Axis bank, in which I hold an account. The eposit slip and the cheque were duly filled and signed (also confirmed by the bank employee who received it). SBI did not hnour it and rejected the cheque. What recourse is available in this case?
Asked on 1/20/11, 4:02 am
1 Answer from Attorneys
RAJIV GUPTA
(Cell: +91 9811284735) [email protected]
in case the cheque was duly executed and deposited, the bank may be liable for deficiency of service and for that you may file a complaint before the consumer forum in noida.
Answered on 1/20/11, 10:27 pm
Related Questions & Answers
-
I am guarantor of OD account. The borrower is not submit b/s and p&L from 2006.... Asked 1/19/11, 10:56 pm in India Banking Law
-
What is the validity period a of cheque from the date of acceptance or date of cheque Asked 1/19/11, 2:12 am in India Banking Law
-
I have taken 40000 personal loan from fullerton india. The total amount what I have... Asked 1/18/11, 7:27 pm in India Banking Law
-
What action can I take and what is the procedure to take legal action if a check... Asked 1/18/11, 5:36 am in India Banking Law
-
Dear Sir, I am working as Banker ,I have credited a wrong account with amount of... Asked 1/17/11, 9:41 pm in India Banking Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
