What Is The Remedy If The Cheque Issued By The Govt Is Misplaced Or Lost In Transit?

What is the remedy if the cheque issued by the Govt is misplaced or lost in transit?

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Posted by: Anshik Verma

Posted on: 2018-09-19

The payee of the cheque has to approach the cheque issuing authority and apply for a duplicate cheque explaining the circumstances under which the original cheque was lost or misplaced. After a satisfactory explanation , the drawer may issue a letter to the payee bank requesting it to record stop payment against the lost cheque. The bank will thereafter ensure whether the cheque has already been paid. If not paid, it records, stop payment order till the expiry of the validity of the cheque and issues a non payment certificate.

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