Dishonor of Important Cheques By Bank Without Any Reason?

Question

 I have issued six different cheques to my suppliers, details of which are provided hereunder, which are returned by the bank without any valid reason. This have created financial losses loss of goodwill and loss of creditworthiness of my I request you to kindly take up my grievance and make the bank pay for the compensation. For any information and clarification feel free to contact us. 

Answer 1

Dear Arijit

Cheques can not be returned by a Bank without a reason. Returned cheques without a reason, would not be accepted by the presenting Bank.  Please speak to your United Bank of India branch to understand the factual reason for return of the cheques.  Since you stated that it was an OD account, your limit might have been exhausted or become overdue.  Please check.

RAJA

Answer 2

As regards dishonour of the cheques, apparently in order, when adequate balance was there in the account, you will have to take up the issue with the Banking Ombudsman for resolution whose coordinates would be available on the Bank's/RBI website.

 

As a last resort, you may lodge a case in the Consumer Redressal Forum claiming all losses.

 

Thanks and regards

 

Deepak