Endorsement of cheque

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(Querist)


27 June 2013

Dear MEMBER

how can i endorse my cheque in favour of someone else... whether i can endorse account payee cheque.... please help me..


Anil Sankar V (Expert)


27 June 2013

not endrosable


CA Shruti Gupta (Querist)


27 June 2013

which type of cheques i can endorse........and how


Anil Sankar V (Expert)


27 June 2013

negitable cheques


CA Shruti Gupta (Querist)


28 June 2013

can't understand


Anil Sankar V (Expert)


28 June 2013

order payee cheques


CA Shruti Gupta (Querist)


28 June 2013

sir why you give your ans. in one word. ...when i told you i don't know about anything in practical...

so if you want to help me than please tell me in detail what is order payee cheque.


Anil Sankar V (Expert)


28 June 2013

any person cannot simply endorse a cheque . a cheque naming "self" under the pay head can be endorsed, when signed duly by the payer on the back side of the cheque which is not crossed a/c payee.This type of cheque can be endorsed to anybody to anybody. the type of cheque shall be order payee cheque...

sorry shruti....for giving one word ans.


CA Shruti Gupta (Querist)


28 June 2013

no sir ..its ok...
thanks for ur answer now really understand....... :)


Anil Sankar V (Expert)


28 June 2013

Hope it is clear



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