section 122-A of negotiable Instrument Act, 1881, provides
for evocation of bankes authority to pay a cheque drawn on
him by his customer, narrate the circumstances under which
this authority is revoked.
- 1 Answers
- 4104 Views
- PTC, I also Faced
- E-Mail Answers
Answer / rk
The duty and authority of a banker to pay a cheque drawn on
him by his customer are determined by-
(1) countermand of payment(Stop Payment);
(2) notice of the customer's death;
(3) notice of adjudication of the customer as an insolvent.
| Is This Answer Correct ? | 3 Yes | 0 No |
Essential to community prosecution is community involvement, which would persuade judges to give greater sentences to those who continually commit crimes in certain areas. How you generate community support?
if customer will not able to give c-form then in bill which tax should i charge
Please give an example solutions of Professional Tax Calculations?
I am service provide, can i issue c form against my purchase ? i.e. we providing crane rental service, can i purchase crane against form c ?
WHAT IS THE CURRENT RATE OF TDS(TEX DEDUCTION SOUR SIC)? PLEASE TELL ME ANSWER IN MY ID. OTHERWISE SEND ME LEFTEST TDS CHART SEND ME ON MY MAIL ID?
Sir, I have applied for the post of Cashier/ Inter-preter/ Inspector in Charity commissioner, Mumbai. I have required the previous year exam question papers or which question are likely to be asked for the such exam.
i want to know all the things important for a giving upsc exam. moreover please inform me which book 0r material i use for preparing of upsc exam.
My neighbor (a very old working woman) had a PPF A/c in SBI, on 31st of March 2010 it completed its 15 year term and hence the same was eligible for withdrawl, she duly filled up the redemption form and asked the bank to redeem the amount. On 14th of April 2010, the bank issued a pay order but deducted bank charges (as the savings account is with another bank), SBI has nearly deducted bank charges of about 25000/- from her. My neighbor didnt have a bank account in SBI, her account is in IDBI and SBI has deducted the charges for preparing a pay order. Here no service is being rendered but rather its bank obligation to make the payment, Pls help. It would be good if we can help her!!
can you please explain me the process of endorsing a bill of exchange with example for better understanding,as it is also said that it can be endorsed without acceptance too. i am still not clear with this concept. i tried many wesited but they just give on sentence answer whch am not able conceptuallly understand. I did found the previous answer posted regarding bills of exchange which were very comprehensive and easy to understand. it would be great if i get my doubt cleared..thanks in advance
Is someone guilty of an offence if they did not set out to commit a crime but ended up in doing so?
what is employee stock option ?
Sir, I request you to please solve my problem as given below- One Corporate is having Manufacturing unit and Trading unit also. That corporate prepared joint Balance sheet & Profit & Loss account. As given below - Corporate 1 2 Manufacturing Unit Trading Division Annual Profit by sale of product Annual profit by sale of Product Manufactured with the help of out sourced from open market for Fixed Assets ( Land,Building,Plant & Rs.150 Crs and sold for Rs.200Crs. Machineries of Rs.100 Crs. Net Profit – Rs. 5 Crs. Net Profit -Rs. 50 Crs. Total Income by clubbing both - Rs.55 Crs. But – that Corporate can avail depreciation Rs. 5 Crs only and rest amount of depreciation may be forwarded to next year. Because depreciation is meant for actual uses of Fixed assets. Otherwise Corporate used to increase the value of assets by over billing just to get benefit of depreciation from the income . Income from trading may be manipulated easily but not from manufacturing.
-
Law AllOther (806)
