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For a company's dealership they request security cheque
30-Jul-2023 (In Banking / Finance Law)
Dear sir, If a company asks for security cheque of two lakhs and demand not to fill number column, how should i handle the situation to get support from company.
sir
first you please clarify why the company insisting you to issue a cheque. it is not a good practice to issue a cheque leaving column as blank. instead of issuing cheque, you convince the employer with some other instruments like letter of undertaking. even after if they insisting, you please obtain a letter from the company by disclosing facts which behind the blank security cheque.
first you please clarify why the company insisting you to issue a cheque. it is not a good practice to issue a cheque leaving column as blank. instead of issuing cheque, you convince the employer with some other instruments like letter of undertaking. even after if they insisting, you please obtain a letter from the company by disclosing facts which behind the blank security cheque.
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Adv. N Sudalai Muthu
Madurai | 100+ Answers
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