M/S Axis Bank vs K. V. S. S. Sastry S/O. Late K.V.S. Sarma on 26 February, 2026
complainant on 04.12.2018, wherein the cheque return memo was
enclosed with endorsement "cheque/instrument outdated". On inquiry
from the bank, complainant was informed ... such responsibility the CTS
Member had returned the cheque with an endorsement "Instrument
is outdated/stale. "
12) Now the only issue is that