Negotiable instruments
rajesh kumar
(Querist) 08 August 2014
This query is : Resolved
sir
one book publication house given me cheque with FOR SEAL.
the signature of person Mr G.Sudhakar but the proprietor of business concern is G. MADHAVI.
Cheque issued and signed by G.Sudhkar.
the same presented in bank got memo of insufficient funds. so on whom i have to give notice. TO MADHAVI? OR TO SUDHAKAR
Nadeem Qureshi
(Expert) 08 August 2014
If the publication house is partnership firm and the person who signed the cheque is authorized signatory then you have to send the legal notice to both of them, if the person who signed the cheque is proprietor or issue the cheque in his personal capacity then send legal notice to him only.
rajesh kumar
(Querist) 08 August 2014
it is sole proprietory concern. owner is G.Madhavi. she given authorisation to bank
V R SHROFF
(Expert) 08 August 2014
why was cheque issued?? Did you raise any Bill?? Did they recd your services/ goods, & sign for it.??
Only then, you can issue notice to the person liable to pay you+ who signed the chq..
Is cheque have Rubber stamp of firm?? or name printed on cheque ??
