A bank has made payment across the counter, of a cheque issued as a crossed cheque and the holder claims damages from the bank. Under such circumstances, the bank is liable

Keep practicing — related questions

• A popular bank makes payment to Y, of a bearer crossed cheque across the counter. The cheque is drawn in fa...
• When a crossed cheque is paid by a bank across the counter (in cash), the paying bank is liable to
• On the request of its customer, a Commercial Bank’s branch transferred the account to its another branch. A...
• A payee’s account crossed cheque in favour of X is presented by bank B to the drawee bank A for payment. Th...
• Crossing is a direction to the _______ bank to pay the cheque to the payee, through a bank.
• An order cheque of Rs. 55000 is issued by Mr. X in his account favouring M (a minor), who approaches the ba...
• A cheque of Rs. 5000 was issued by X at 3.40 p.m. in favour of Y, who being a very respected customer of th...
• X is issued a cheque of Rs. 32000 payable to B or order. The cheque is misplaced and is found by C. C forge...