WebWe would like to show you a description here but the site won’t allow us. WebJun 4, 2024 · It is immaterial that the cheque may have been filled in by any person other than the drawer, if the cheque is duly signed by the drawer. If the cheque is otherwise valid, the penal provisions of Section 138 would be attracted. 38. If a signed blank cheque is voluntarily presented to a payee, towards some payment, the payee may fill up the ...
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Web11 Answers. 1. Giving a blank cheque is suicidal, as is manifest from what happened in your relative's case. 2. Since the cheque has bounced the creditor can prosecute your relative for cheque bounce. 3. As and when a lawyer's notice is issued to him he should reply through his lawyer and thereafter defend himself on merits in the court. WebThe cheque is an instrument with an unconditional order, addressed to the banker. It is signed by the person who has deposited cash in the bank. A cheque can be issued for a current account or the savings account and can be used to deposit or pay money to other people through the bank account. circuit training for upper body
Cancelled Cheque – What Is It? When Do You Need It? - ClearTax
WebOct 23, 2012 · 1 Answer. After signing a check, one should never leave the amount payable blank. If a bank is presented with the check, the bank will honor the check as long as sufficient funds are available in the account. If the available funds are insufficient, the bank will honor the check if there is adequate overdraft protection in place on the account. WebOct 28, 2024 · A bench of Justices MR Shah and AS Bopanna said that the cheque is given, deposited, or pledged to make certain the fulfilment of an obligation to which the parties to the transaction are bound. “A cheque issued as security pursuant to a financial transaction cannot be considered as a worthless piece of paper under every circumstance. WebBusinessman hand writing and signing cheque book, with digital tablet, mobile smart phone and cup of coffee on the wood table at modern office. Payment by checkbook and business financial concept. 1160114062. Woman Signing Bank Payroll Check Or … circuit training for speed