truncated cheque and a cheque in the electronic form. Explanation I.—For the purposes of this section, the expressions— (a) "a cheque in the electronic ... signature, as the case may be; (b) “a truncated cheque” means a cheque which is truncated during the course of a clearing cycle, either
case the title to the cheque proves defective, incur any liability to the true owner of the cheque by reason only of having received such ... image of a truncated cheque held with him, to verify the prima facie genuineness of the cheque to be truncated and any fraud, forgery
anything contained in section 6, where an electronic image of a truncated cheque is presented for payment, the drawee bank is entitled to demand ... further information regarding the truncated cheque from the bank holding the truncated cheque in case of any reasonable suspicion about the genuineness of the apparent
instrument having been altered, or the cheque crossed. (2) Where the cheque is an electronic image of a truncated cheque, any difference in apparent tenor ... while truncating and transmitting the image. (3) Any bank or a clearing house which receives a transmitted electronic image of a truncated cheque, shall verify
Where the cheque is an electronic image of a truncated cheque, even after the payment the banker who received the payment shall be entitled ... retain the truncated cheque. (3) A certificate issued on the foot of the printout of the electronic image of a truncated cheque by the banker
anything contained in section 6, where an electronic image of a truncated cheque is presented for payment, the drawee bank is entitled to demand ... further information regarding the truncated cheque from the bank holding the truncat d cheque in case of any reasonable suspicion about the genuineness
inserted, namely:-' 81A. Application of the Act to electronic cheque and truncated cheque.- (1) The provisions of this Act, for the time being in force ... purposes of this Act, the expressions" electronic cheque" and" truncated cheque" shall have the same meaning as assigned to them in section
Application of the Act to electronic cheque and truncated cheque.-
(1) The provisions of this Act, for the time being in force, shall apply ... purposes of this Act, the expressions "electronic cheque" and "truncated cheque" shall have the same meaning as assigned to them in section
expressions-(a) " a cheque in the electronic form" means a cheque which contains the exact mirror image of a paper cheque, and is generated, written ... biometrics signature) and asymmetric crypto system;
(b) " a truncated cheque" means a cheque which is truncated during the course of a clearing cycle, either
namely:-" (2) Where the cheque is an electronic image of a truncated cheque, any difference in apparent tenor of such electronic image and the truncated ... while truncating and transmitting the image.
(3) Any bank or a clearing house which receives a transmitted electronic image of a truncated cheque, shall verify
