Dd lost - how it get money?

This query is : Resolved

Satish Makam (Querist)
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29 April 2012 1. I have taken a DD for Rs. 1000/- more than six months ago by paying cash. The DD was not encashed by receiver . The DD is lost. Will I get the money back .What is the procedure. ?

2. How to find if the DD is encashed by receiver or not?

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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01 May 2012 you put up query right now ??????????

any way..........

visit the branch where you took the draft as well as F.I.R. and provide them the draft number. Also give them a letter with the draft details (on whose name you took the draft, the date, draft number, amount, payable city etc) and tell them that the draft is lost. As a first step, ask them to block the draft so that, the draft cannot be cashed by someone.

As the next step, ask them to either cancel the draft and pay you money or re-issue a fresh draft.

in this case also read:

http://www.lawyersclubindia.com/experts/Lost-demand-draft-presented-264741.asp

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