Meaning of "Refer to drawer" in NI Act

vinod bansal (Querist) 06 March 2010 This query is : Resolved
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Kindly let me know meaning of "Refer to drawer" mentioned in dishonour mermo of bank in context of NI Act. Thanx

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adv. rajeev ( rajoo ) (Expert) 07 March 2010
Refer to Drawer : Dishonour of cheque due to insufficiency of funds in the account of the drawer.

Guest (Expert) 07 March 2010
i do agree

Guest (Expert) 07 March 2010
NANDKUMAR B.SAWANT.M.COM.LL.B.(MUMBAI),ADVOCATE
MOBILE.9271971251
e.mail.adv.nbsawant@yahoo.co.in
e.mail.nandkumarbs@sify.com
REGARDING THE REMARK OF REFER DRAWER KINDLLY NOTE THAT.

1.THE DRAWER OF THE CHEQUE AFTER ISSUING THE CHEQUE TO THE HOLDER OF CHEQUE ,DUE TO SOME REASONS MUST HAVE INFORMED THE BANK TO STOP PAYMENT OF SAID CHEQUE IN WRITING .HENCE BANK GIVES THIS REMARK AS REFER DRAWER WHEN THE SAID CHEQUE IS PRESENTED FOR COLLECTION AND RETURNS THE SAID CHEQUE.IT IS CALLED AS DISHONOUR OF CHEQUE DUE TO REMARK REFER DRAWER.
2.KINDLY NOTE THAT INSUFFICIENT FUNDS MAY NOT BE REASON .EVEN WHEN THERE ARE SUFFICIENT FUNDS IN ACCOUNT DRAWER MAY STOP PAYMENT DUE TO DISPUTE IN AMOUNT OF CHEQUE OR CANCELLATION OF TRANSACTION AGAINST WHICH SAID CHEQUE WAS GIVEN.
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THANKS