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chandan (service engineer)     03 September 2012

Fraud

Mr X in the month of 15 th June commits sucide  and has a Bank account . Mrs Y  the sister of  X transfers the entire savings of Mr X immediately  in the first week of july using a cheque of Mr X either forging his signature or maybe its a presigned cheque to her mother's  account Y conveying to the bank orally that her brother is still alive and is still abroad.

Normally a death certificate has to be produced in order to carry out the formalities for any withdrawals of a dead person  .Under what sections of the negoitable instruments act can they be persucuted . 



Learning

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