My company cheque, dated January 8th, 2005, was extended to April 8th, 2005, at the payee’s request. I closed the company account on September 26th, 2006, and opened a new one. The bank incorrectly changed the cheque’s year to 2006 and cleared it from my new account on October 3rd, 2006, without my permission. My appeal is scheduled for April 28th, 2014, in the State Commission. What are my chances of getting relief, and what should my argument be?
Best Answer
Your chances of getting relief are strong as the bank cleared the cheque without your permission and after your account was closed. Your argument should focus on the bank’s negligence and violation of banking norms. You can also highlight the discrepancy in the cheque date and the fact that it was extended beyond its original validity period.
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