Endorsement of cheque

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CA Shruti Gupta (Querist)
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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

Anil Sankar V (Expert)
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27 June 2013 not endrosable

CA Shruti Gupta

CA Shruti Gupta (Querist)
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27 June 2013 which type of cheques i can endorse........and how

Anil Sankar V

Anil Sankar V (Expert)
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27 June 2013 negitable cheques

CA Shruti Gupta

CA Shruti Gupta (Querist)
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28 June 2013 can't understand

Anil Sankar V

Anil Sankar V (Expert)
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28 June 2013 order payee cheques

CA Shruti Gupta

CA Shruti Gupta (Querist)
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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

Anil Sankar V (Expert)
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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

CA Shruti Gupta (Querist)
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28 June 2013 no sir ..its ok...
thanks for ur answer now really understand....... :)

Anil Sankar V

Anil Sankar V (Expert)
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28 June 2013 Hope it is clear

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