MERGER OF BANKS
3 years ago
I have a cheque of oriental bank dated 01.12.2020 whether this cheque be valid for payment when presented as OBC has merged with PNB w.e.f. 01.04.2020.
A.Dear Sir,
Literally it is not valid but you can file civil suit.
Rate me Five Star*
Literally it is not valid but you can file civil suit.
Rate me Five Star*
Helpful
Helpful
Share
Adv. Anushka Dikshit
Responded 3 years ago
A.You must talk to the manager of the bank.
Helpful
Helpful
Share
Ankur Goel @ Complete Law Shield
Responded 3 years ago
A.Its banks who have policy.
because lawyers answer for free, so ask anything and everything instead of asking this to bank customer care or manager.
Advocate Ankur Goel
(Complete Law Shield)
because lawyers answer for free, so ask anything and everything instead of asking this to bank customer care or manager.
Advocate Ankur Goel
(Complete Law Shield)
Helpful
Helpful
Share
Ayantika Mondal @ Prime Legal
Responded 3 years ago
A.Hello,
It depends upon the policies of bank, generally, the cheques are accepted.
It depends upon the policies of bank, generally, the cheques are accepted.
Helpful
Helpful
Share
A.Hi,
Usually the cheque is accepted but it depends upon the bank's policy
Usually the cheque is accepted but it depends upon the bank's policy
Helpful
Helpful
Share
Read Related Answers
Home loan for Gifting deed
Dear Client,
Once a donor or owner of the property gifted the property to the donor through a registered deed of gift, the property becomes the self-acquired property in the hand of the donee who beco...
Car loan
Dear Client,
Once a borrower fails to repay his debt, the Lenders/FIs initiate a routine course of action for recovery of the loan/debt from the borrower. You may negotiate or settle your dues agains...
CKYC for Bank Account of ABC Tenants Group
Dear Client,
An association is a body of individuals and an association is required to be registered under the Societies Registration Act to make it a legal entity to apply for PAN. So when you are o...
Bank ke dwara 13 2 ka jawab nahi Dena
Dear Client,
According to Section 13(2) of SARFAESI Act, the borrower is required to repay the outstanding dues within 60 days from the date of the notice. If the borrower fails to comply with the not...
Money in account is put on hold by cyber cell
Dear Client,
When a cyber complaint is field on National Cyber Crime Reporting Portal (NCCRP) or in case of any police complaint, the Cyber Crime Cell directs the concerned bank to freeze the accounts...
Read Blogs on Banking
Banking Lawyers
Find Lawyers by Location