Bouncing of cheque
AK Misra
(Querist) 19 July 2016
This query is : Resolved
A Private Sector Bank is returning Cheque with the reason " Refer to Drawer/Drawee and present Again"
What should be course of action
P. Venu
(Expert) 20 July 2016
Contact the Bank; they will guide you.
AK Misra
(Querist) 20 July 2016
This I know. Whether such reasons are allowed to be given? Whether 138 complaint will stand
Rajendra K Goyal
(Expert) 22 July 2016
Generally such remarks are not given by Banks.
The cheque is bounsed, send notice of dishonor.