Business and Wealth » drawn http://www.businessnwealth.com Tue, 05 Jan 2010 12:38:15 +0000 en hourly 1 http://wordpress.org/?v=3.1 WHAT BANK SHOULD DO WHEN A DEPOSITED CHEQUE DRAWN ON OVERSEAS BANK IS FOUND NOT GENUINE? WILL THEY RETURN ? http://www.businessnwealth.com/what-bank-should-do-when-a-deposited-cheque-drawn-on-overseas-bank-is-found-not-genuine-will-they-return/ http://www.businessnwealth.com/what-bank-should-do-when-a-deposited-cheque-drawn-on-overseas-bank-is-found-not-genuine-will-they-return/#comments Mon, 28 Sep 2009 07:30:57 +0000 business http://www.businessnwealth.com/what-bank-should-do-when-a-deposited-cheque-drawn-on-overseas-bank-is-found-not-genuine-will-they-return/ Continue reading]]>

If a deposited coupon is found by a bank is not genuine what a bank will do? My subject is 1. will they lapse a instrument to a depositor after defacing it? 2. Will they Keep a instrument with them as well as only contend which it is not genuine?
What have been a instructions since to a landowner by a RBI in this courtesy as well as where it is referred to in a guideline of RBI or any alternative efficient authority?

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