A person (payee) signs a blank cheque and gives the same to another person (holder) and the holder fills up the blank space pertaining to amount and date and presents the same in his bank account and it is dishonoured. In such a situation, which of the following statement would be correct?

A) The holder has committed forgery B) The cheque will have to be treated as invalid C) The Bank would not accept the cheque D) The holder will be entitled to maintain a complaint filed upon the cheque being dishonoured upon being presented in the bank

Answer & Solution

Correct Answer: Option D

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A person (payee) signs a blank cheque and gives the same...

A person (payee) signs a blank cheque and gives the same to another person (holder) and the holder fills up the blank space pertaining to amount and date and presents the same in his bank account and it is dishonoured. In such a situation, which of the following statement would be correct?

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