Endorsement of cheque
This query is : Resolved
CA Shruti Gupta
(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..
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.
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.
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....... :)
thanks for ur answer now really understand....... :)
Anil Sankar V
(Expert)
28 June 2013
Hope it is clear
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