Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Liability of bank against cheque payment after death of A/c

(Querist) 28 June 2013 This query is : Resolved 
What are the liability and responsibility of bank towards nominee, when the cheque is being paid after death of A/c holder while intimation of death given to bank after clearance of cheque ?
Anirudh (Expert) 28 June 2013
You have to come out with details.
Are you from bank side or are you the nominee.?

When did the account holder die?

When was the cheque cleared?

When was the intimation about the death of the account holder received by the bank?

malipeddi jaggarao (Expert) 28 June 2013
If the bank has no information about the death of the account holder, it is not liable to any body for payment cheque in a deceased account.
ajay sethi (Expert) 28 June 2013
bank was informed of death of account holder after clearance of cheque . hence bank is not at all liable to nominee
Rajendra K Goyal (Expert) 28 June 2013
Bank has acted in good faith and without negligence, Bank can not be held liable.
Raj Kumar Makkad (Expert) 29 June 2013
This is your repeated query.
Sudhir Kumar, Advocate (Expert) 29 June 2013
come with facts?
Sudhir Kumar, Advocate (Expert) 29 June 2013
Keep on repeating


http://www.lawyersclubindia.com/experts/liability-of-bank-against-cheque-payment-after-death-of-a-c--402801.asp#.Uc7j99jQzmk

http://www.lawyersclubindia.com/experts/is-nominee-liable-to-pay-off-debt-of-deceased-398216.asp#.Uc7j_djQzmk

http://www.lawyersclubindia.com/experts/responsibility-of-bank-towards-withdrawal-from-atm-402806.asp#.Uc7j8tjQzmk

http://www.lawyersclubindia.com/experts/liability-of-bank-against-cheque-payment-after-death-of-a-c--402801.asp



You need to be the querist or approved LAWyersclub expert to take part in this query .


Click here to login now



Similar Resolved Queries :