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Debasis Ghosal (self employed)     04 March 2010

blank cheque- signed

Dear Sir,

One of my client has made a project report for a private limited company. After the loan got approved the director refused to pay any money. Now he has some blank cheque signed by the director which is not yet stopped and my client wants to encash those cheque which is in his possession. He is worried about the  after cosequances .Pls advice.



Learning

 4 Replies

sangram (service)     06 March 2010

though it is a blank cheque but without the consent of director it will be illegal

ad. creaminall (professional Advocate)     06 March 2010

how your client get those cheques?

ad. creaminall (professional Advocate)     06 March 2010

why director denied to pay the amount? has he denied orally or in writting?

goutam (law)     11 March 2010

IN MY VIEW THERE WILL B NO PROBLEM AT ALL UNDER NI ACT


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