related to indian penal code
murli
(Querist) 04 September 2009
This query is : Resolved
sir
If ATM of Banks delevers forgery of false currency, can that bank or manager of that perticular area be punished. Because they deposit the currency and check the currency No.
A V Vishal
(Expert) 04 September 2009
It is the duty of the bank to check for counterfeit notes, the Manager as the head of a particular branch can be charged with circulation of counterfeit notes. However, in such cases it is difficult to prove that the amount withdrawn from the ATM is counterfeit unless it is detected on the spot or there are such notes still existent in the ATM machine.
Kiran Kumar
(Expert) 05 September 2009
i agree with Vishal ji,
in some cases few banks have specialised cells to feed money into ATMs and for this purpose they take help of pvt. security agency.
bank manager may not be responsible for feeding counterfeit notes into the machine.
now as per latest rules, u can carry 5 counterfeit notes :-)
Guest
(Expert) 05 September 2009
NANDKUMAR B.SAWANT.M.COM.LL.B.(MUMBAI),ADVOCATE
MOBILE.NO.09325226691, 09271971251
e.mail.adv.nbsawant@yahoo.co.in
e.mail.nandkumarbs@sify.com
REGARDING THE DUPLICATE CURRENCY NOTES KINDLY NOTE THAT.
1.THERE IS SPECIFIC PROVISION IN INDIAN PENAL CODE TO PUNISH THE ACCUSED PERSONS WHO ARE INVOLVED IN THE DUPLICATE AND FAKE CURRENCY NOTE CRIME.
2.IN CASE COMPLAINT IS FILED AT THE NEAREST POLICE STATION OF THE AREA CONCERNED THE POLICE WILL INVESTIGATE THE MATTERR AND ARREST THE ACCUSED PERSON.KINDLY NOTE THAT PERSONS HANDLING THE CASH WHICH IS KEPT AT A.T.M. WILL BE INTERROGATED BY THE POLICE AND CASE WILL BE REGISTERED AGAAINST THE ACCUSED. KINDLY NOTE THAT THE MANAGER IS NOT ALWAYS RESPONSIBLE AS HE IS NOT HANDLING THE CASH, IT IS THE JOB OF CASHIER AND OTHER CONCERNED OFFICERS.
IT WILL DEPEND ON THE INVESTIGATION OF THE POLICE PLEASE NOTE.
IN CASE YOU NEED ANY FURTHER INFORMATION YOU MAY WRITE OR CALL .
WITH BEST REGARDS TO YOU AND YOUR FAMILY AND FRIENDS.
THANKING YOU
YOURS SINCERELY
NANDKUMAR B.SAWANT.,M.COM.(MUMBAI),ADVOCATE.
murli
(Querist) 19 September 2009
R/s
Sir,
All of your suggestions are very good,
but i still have little confusion, which is that at the time of deposit the currency in ATM, the cashier or other resposible person takes note the serial no. of whole currency, can this thing be proved that the particular currency is drawan by their ATM, and ofcourse we have the slip of that transction, which can prove that the currency of particular no. is drawn on specific date.
Thanksriven
