Best drawing Tips and References website . Search anything about drawing Ideas in this website.
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.
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.