Save Rs 499 on a 2-Year Ad-Free Pro Membership. Subscribe Now!

banner_ad

Under negotiable instrument act

This query is : Resolved

Share Report Follow Query Ask a Query

PRIYA (Querist)
Follow

14 August 2024 I received a cheque from post office of nsc maturity drawn on sbi I deposited the cheque in my saving account in pnb the cheque got bounced for reason code 42 paper not received
What is the resolution for this how can I encash the cheque

Dhirajlal Rambhia online

Dhirajlal Rambhia online

(Expert)
Follow

15 August 2024 Collect the bounced cheque and report it to the post master for its resolution.

PRIYA (Querist)
Follow

15 August 2024 As the cheque was returned with code 42 "paper not received ", is it the bank's duty to resend it on physical form?

Dhirajlal Rambhia online

Dhirajlal Rambhia online

(Expert)
Follow

15 August 2024 Yes, your bank will deliver it by post/courier.

Dhirajlal Rambhia online

Dhirajlal Rambhia online

(Expert)
Follow

26 August 2024 Good luck.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CCI Pro

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

CCI Pro

Meet our CAclubindia PRO Members

Pro Member Narasimha Murthy

Narasimha Murthy

Pro Member MAYANK

MAYANK

Pro Member B.K.RAJANDHERAAN

B.K.RAJANDHERAAN

Pro Member Arpita Sharma

Arpita Sharma

Pro Member Pushkar Nagda

Pushkar Nagda

Follow us

add to google news

Answer Query

Quick Links

Browse by Category

Latest Job Openings

View all

26 May 2026

Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details

22 May 2026

Audit assistant

Displayandbeyond

Mumbai

CA

View Details

23 May 2026

Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details

26 May 2026

CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details

ARTICLESHIP 17 May 2026

CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details

Featured 27 May 2026

Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details

06 May 2026

Account Assistant / Article Clerk

V.K. Ranjan & Co(Chartered Accountants)

New Delhi

B.Com

View Details

11 May 2026

CA Dropout

Patron Accounting LLP

Pune

CA Inter

View Details