saving bank account opened name of panchyat with mode of operation , sarpanch and secreatry jointly.
Both signed the withdrawal form on front side as drawers, both side on reverse without any receipt/endorsement/authority to any. The withdrawal is presented at the bank's counter by secretary alone and received cash alone and signed on reverse. Whether this payment is correct/valid? If sarpanch who did not come the branch after 3 years raise issue that fund is misutilised and he is not known what happened, can do? Is any mistake from bank side? It is compulsory to come office all join a/c holders and receive money jointly. It is not third party payment , can one can receive cash on behalf of both?
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