Doubt:Negotiable Instruments Act

I think you can as the defaulter is bank.

Hello.

Sec 138 is for wongful dishnor of cheque in case of insufficient funds,etc.

In this case as far as i think, the paying bank will be liable only for the dishonour charges incurred to the drawer or payee. Also it is very important to note the correct reason for dishonour. So If the bank is guilty i think it will only be liable for the charges.

Correct me if i am wrong.

Regards

Rahul Gupta

No,Here U/S138(Negotiable instrument act) is not appicable.U can only claim Bank charges.

Actually, According to me, suppose if there is other payee but not a drawer, bank will be punished for wrongful dishonour. because in this situation, the payee may think about drawer.

but if the drawer is the payee, he cannot think so.

So will bank be punished?