dear members
as you all may know, many of our banks are now networked. they are now clearing the cheques by electronic clearing.
my friend recently had the cheque issued to him returned by the bank which tried to clear the cheque electronically.
but the bank was not the actual branch where the payee's account was held. the bank which returned the cheque was on a city dfiferent from the place of issue and the cheque was not sent to the payee's bank. the bank is also not giving any intimation for the dishonour.
in this case, my friend wants to know if the section 138 of NI act is attracted in case of electronic clearing. since there is no dishonour memo, how is he going to proceed further? where can he sue the other party?
learned lawyers and bankers, please clarify.
