Rupees 2 lakh were within this Vasai-based banker’s easy reach on Monday. But Ashish Rane let his conscience rule and promptly handed over to the police the bearer cheque he found lying in a ...

Bearer cheque A bearer cheque is a cheque that can be cashed by the person whose name appears on the cheque. A bearer cheque is also called a 'payable to bearer' cheque. Order check An order check ...

If it is a bearer cheque it can be paid to anybody who presents it. Alternatively, if it is an order cheque, the named payee or the endorsee shall have to establish his identity before payment is ...

He was represented by his son, advocate Prashant Nayak. The complaint said that Vaikunth issued a self or bearer cheque dated May 29, 2020, for Rs 10,000.

Sources said the two argued that due to galloping inflation, the largest denomination then -- a $100 000 bearer cheque introduced on June 1 -- was no longer convenient for daily transactions.