Cheque Drawer Meaning In Tamil at Drawing

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Cheque Drawer Meaning In Tamil. The criminal liability of a drawer in case of dishonour of cheque is dealt in section 138 to section 142 of negotiable instrument act 1881. This is not a question about grammar but more about financial instruments such as cheques, drafts, etc.

Bank Cheque Leaf Meaning In Tamil vafici
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The drawer is the individual who issues the cheque, instructing the bank (drawee) to pay the recipient (payee). Draw+er = drawer ( one who draws a cheque ) suffix ‘ee’and the newly formed word indicates a benefitter. The person who writes the cheque is called the “ drawer ” and the person in whose name the cheque has been issued is called the “ payee ”.

Bank Cheque Leaf Meaning In Tamil vafici

A drawer is the person who has written the cheque. To write a cheque for taking money out of a particular bank account → draw examples from the corpus draw a cheque (on something) • alternatively, the importer's bank could draw a cheque on its correspondent bank in the exporter's country. The person who receives the money mentioned in the cheque is called a payee. The cheque is drawn on a bank for the discharge of a legally enforceable debt or other liability.