Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

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.

Answer Posted / 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



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

How much do you get paid in a year?

2409


What is capital reserve and how it is formed?

2196


What kind of advocacy experience do you have apart from those taught on the LPC ?

2764


If a partnership firm takes loan from a bank then where the charge of bank is required to registered. if yes then where to register??

2482


Diffrent sportsmen are endorsing diffrent products and they have endorsement agreements for this. Now at what rate the tds should be deducted by the company on the amount of payments msde to sportspersons for endoresements?

2174


Is wearing school uniform a breach of human rights?

1113


how long does it take to release the gratuity,after we quit the job?

2883


What views are you having on the policies of the Legal Services Commission?

2421


what is wealth tax

2266


Help, what is a district court administrator's role and responsibility?

2210


Describe 'respect for the freedom of conscience.'

1139


the sun which is largest source of heat energy gets its energy by the process of what 1)nuclear fission 2)nuclear fusion 3)nuclear chain reaction 4)all of these

2468


Hi i am shiva kumar, I have completed Graduation B.A through distance education (kakathiya university), i want to do law through distance, please suggest me best at hyderabad.

1988


Would you trade your scarf for my bike, even if you have no idea what state it's in or if I even have one?

1155


If burcation of material and labour may not be possible to bill on the customer, under which scheme of VAT[WCT] in the State of Gujrat such incidence of WCT is complied with?

2177