23 July 2019
if a blank signed cheque is given to someone than payee can fill the detail on cheque and submit the cheque in bank. is it neccassary that cheque can be filled by either drawer or payee in case of cheque bounce and when the payee send legal notice to drawer and filled 138 case on drawer.
In our case a signed blank cheque was issued to a financer against the loan, but financer handed over the blank cheque to unknown person, we dout that the name, date and amount are filled by the financer and submitted in the account of unknown person.
Pls suggest i want to know that is that mandotary for payee to fill the cheque in his own handwritting or any body can fill the cheque and submit the cheque in the account of payee.
24 July 2019
1. ANYBODY (manager, supervisor, wife, children, neighbor, politician, leper .... ) can will in the "details" of the cheque, without any further reference to you, PROVIDED you have already signed a Blank Cheque. This has been upheld in several court judgments.
2. By virtue of above, the Signatory (Drawer) of the blank cheque CANNOT escape liability by saying that cheque is lost /stolen /whatever...., UNLESS proved by prior Police Report of atleast 3 months.