cheque is delivered for collection through an account, the branch of the bank where the payee or holder in due course, as the case ... course, otherwise through an account, the branch of the drawee bank where the drawer maintains the account, is situated. Explanation.— For the purposes of clause
cheque to the bank, (3) Returning the
cheque unpaid by the drawee bank, (4) Giving notice in writing to the
drawer of the cheque demanding ... with Sections 3 and 72 of the NI Act was the drawee bank
or the collecting bank and this Court held that
electronic image of a truncated cheque is presented for payment, the drawee bank is entitled to demand any further information regarding the truncated cheque from ... verification: Provided that the truncated cheque so demanded by the drawee bank shall be retained by it, if the payment is made accordingly
drawee bank (Bank of the respondent/accused)
in New Delhi by the petitioner/complainant
through its Bank (collecting bank) at New Delhi?;
II) Whether ... bank. The branch
acts only as a facilitation centre. Cheque is always drawn on
the bank, whether, payee bank or the drawee bank.
29. Section
bank", ...... "by an
agreement made with that bank"...... "the cheque has been
presented to the bank within thirty days from information ... hold that reference to the
bank extends to any bank where the cheque is presented, or
any bank from which holder in due course eventually
would, therefore, refer
implicitly to a specified bank and not any bank.
"The bank" referred to in clause (a) to the
proviso ... months at the
bank on which the cheque is drawn, whether
presented personally or through another bank,
namely, the collecting bank of the payee
such bank mean the bank of the drawer of the cheque or did it cover within its ambit any bank including the collecting bank ... other bank including the collecting bank presents the cheque for collection to the (C) bank. The non presentation of the cheque to the drawee-bank
Bhaskaran v. Balan [1999(3) KLT 440] ? Is it the drawee
bank only or any bank anywhere in India where the cheque
is presented ... held that the
bank referred to in proviso (a) cannot be the collecting bank;
it must be held to be the drawee bank only
bank"..."by an agreement made with that bank"..."the cheque has been presented to the bank within thirty days from information ... hold that reference to the bank extends to any bank where the cheque is presented, or any bank from which holder in due course eventually
forwarded by a collecting Bank to a paying Bank, and the paying Bank makes payment to the collecting Bank, who in turn passes ... between the payer Bank and the collecting Bank. That is the precise question involved in this case.
(21) The collecting bank, viz., defendant
