WNT TO KONW REASON OF CHEQUE RETURN GIVEN BY BANK : OTHER REASON
05-Apr-2023 (In Cheque Bounce Law)
Dear sir
we have deposit one cheque issued on Bank of Baroda CAMY MAIN BR.DIST ANANAD DT..20.03.17 for RS.592000 TO OUR CURRENT A/C WITH KOTAK MAHINDRA BANK ANDHERI EAST BRANCH MUMBAI ON 23.03.17 THIS CHEQUE WAS RETURN BY BANK GIVEN REASON : OTHER REASON
WHEN WE CONTACT DRAWER HE SAYS HE HAS ENOUGH FUND IN HIS ACCOUNT AND SIGNATURE,AND FIGURE IN WORD AND NUMBERS ,DATE ALL ARE PERFECT THEN WHY BANK HAS RETURN THE CHEQUE , NOWADAYS BANK DONT GIVE RETURN CHEQUE TO US ,THEY WILL COURRIER TO OUR ADDRESS WE GOT COPY OF CHE IN OUR HAND ON 1ST APRIL , TO WHOME WE CONTACT TO GIVE VALID REASON FOR CHEQUE RETURN , KOTAK BANK OR BANK OF BARODA
REQUEST YOU TO GUIDE
REGARDS
MOIYED
SANA LAND DEVELOPERS P LTD
SAIFFE PARK MAROL MUMBAI
Sir, you first inquire in your bank where you deposited the cheque. The bank should send the returned cheque with specific reason. If it is not short of funds then is it refer to the drawer. Do it fast.
Helpful?
25+
Refer to drawer in banking
Refer to drawer meaning in Marathi
Refer to drawer meaning in Hindi
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refer to drawer/not arranged for
I suggest that you should issue a notice to both the bankers calling upon them to explain and give specific reasons for the return of cheque as also explain as to what they mean by other reasons. Depending upon the reply/no reply, if you are not convinced with their reply, make them also accused no. 2 and 3 along with the person who has issued cheque under section 120B IPC.
Helpful?
48+
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