Question

Mention four reasons for dishonouring a cheque

Answer 1

Answer:

Reasons for Dishonour of Cheque:-

● If the cheque is overwritten. ...

● If the signature is absent or the signature in the cheque does not match with the specimen signature kept by the bank.

● If the name of the payee is absent or not clearly written.

● If the amount written in words and figures does not match with each other.

Answer 2

Answer:

• If the cheque is overwritten.
• If the signature is absent or the signature in the cheque does not match with the specimen signature kept by the bank.
• If the name of the payee is absent or not clearly written.
• If the amount written in words and figures does not match with each other.