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Author Topic: Payment in Good Faith  (Read 549 times)

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Offline Parag

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Payment in Good Faith
« on: October 29, 2015, 12:25:01 PM »
Respected Sir/Madam,
I am a Banker and I request to give me your valuable suggestion on the following incident:

One of our college who is now terminated from our Bank, has dues of Tiffin Center. The owner of Tiffin Center contacted us many times towards his payment. One day when the owner of Tiffin Center contacted us we asked the college, and he gave us a chq no telling us to pay the dues of Rs 600.00 by debiting his a/c with this chq no, and told us that  when he will visit the branch  he will give the cheque in Branch.
Now we forget to collect the chq due to over work pressure and he also not deposited the chq to us. Now he present the same chq in clearing and which was bounced with the reason that chq is already passed.
Our college who is frustrated because of his termination, is now doing complaint against us stating that Bank officials has made a fraud, and withdraw amount of Rs 600.00 for their personal gain.
What should we do? We have paid the dues as he has said and given us the chq no, we paid in  good-faith as he was our college, but now we are in deep trouble.

Please guide us. 

 

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