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dhiraj (Service)     03 August 2009

Negotiable Instrument Act

Want to know that where drawee of crossed cheque is compnay then who can indorse the cheque. As per act, by writing and by putting signature on the back of the cheque, indorsement can be effected. In case of compnay how it can be done, can it be done by merely putting compnay seal on back of the cheque or by putting compnay seal as well as compnay authorized signatory signature.



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 1 Replies


(Guest)

Company seal also may not be required.  Only the authorised signatory of the company may need to sign on behalf of the company.


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