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rajesh kumar barvey (Querist) 10 April 2013 This query is : Resolved
sir is a bank responsible for not collecting back its cheque and closed the account

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rajesh kumar barvey (Querist) 10 April 2013
and the cheque bounced

ajay sethi (Expert) 10 April 2013
well it is your duty to return the cheques which have not been used by you . if cheque has been retained by you then you would be liable on account of dishonour of cheque not the bank

prabhakar singh (Expert) 10 April 2013
Mr.Sethi is right.

When one closes a/c one must return unused cheques.Bouncing of cheque of closed a/c does not exonerate liability of a drawer .

Fallacious to think of any liability of bank
for bounce of a cheque of a drawer unless drawer can prove sufficient funds in his a/c
on the date collection was sought by the payee's banker.

rajesh kumar barvey (Querist) 10 April 2013
but it is a banking rule by rbi to collect and cancel all the instruments issued to avoid fraud

prabhakar singh (Expert) 10 April 2013
If you can not understand simple things in simple way then i am not going to crack nuts for you.

Raj Kumar Makkad (Expert) 10 April 2013
Bank is not liable for any responsibility if a close account holder issues a cheque to some other person and due to already closed babnk account, it gets bounced. The only accused is drawer who even made a fraud.

rajesh kumar barvey (Querist) 11 April 2013
thanx mr makkad

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