Legal Question in Banking Law in India

Asked your employer to give you cheque with correct signature. Please check Sanjay Kalra and Associates on the internet to know more about our law firm and the legal services we are rendering for our clients from all over the World.

14.10.2012

Dear Sir / Madam,

First ascertain the reason for return of the cheque from your bank. It could be for the following reasons - 1) Insufficient funds; 2) Signature Differs; 3) Joint Signatory's authentication required or 4) Full Signature required .

If in doubt, please approach the drawer and inform him / her to confirm whether all the required signatories as appearing in the bank's record have signed on the cheque. In case of insufficient funds in drawer's A/c, request settlement in cash prior to return of cheque back to the drawer.

Regards,

Fca Prashant Chavan

Mumbai

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