Cheque bouncing reason


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Querist : Anonymous

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Querist : Anonymous (Querist)
30 July 2013 Dear all,


If a cheque bounced with a reason saying that "Drawer's signature not as per mandate", can eligible for legal proceedings on the party who issued cheque ?

26 August 2013 it is signed signature not as per authorised signature list with bank

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Querist : Anonymous

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Querist : Anonymous (Querist)
28 August 2013 Yes it is signed, signature also will match; but the party didn't instructed bank that, the cheque has to pass with particular signature presently on the cheque. So it got bounced with reason saying that "drawer's signature not as per mandate"


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