Dishonor of Cheque
There are a number of reasons for dishonor of cheque and without any valid reason, the bank never refused to make payment. If the bank for a valid reason refuses to make the payment of a cross cheque, this cheque is called a “Dishonored Cheque”. It is the duty of the bank to honor the cheque of his clients if complete or valid in all respects. However, the bank can refuse to make the payment of a cheque in the following cases: