Loan related cheque issued to us, cheque is from SBH Bank
A business man owed money to us , he gave SBH cheques to us 33 months ago and a written promissory note.
He is not repaying money for last 30 months.
SBH was merged with SBI
As per posts in internet, SBI stated merged banks cheques are valid only till 31st Dec 2017
Account is in Branch: SBH Miryalaguda
Cheques are NOT crossed, or not account payee
These cheques might be non-cts
Can we go to same branch ( now SBI Miryalaguda [SBH Miryalaguda before merger ]) and present cheque in the branch for encash?
In cheque is honoured, no cash in account, can the Bank give letter?
Thanks and Regards
Asked 1 year ago in Civil Law from Hyderabad, Telangana
Thank you for notes
1. Cheques are not dated, so cheques are valid
2. cheques are non-cts
3. cheques are NOT crossed ( NOT account payee )
Asked 1 year ago