01-19-2011, 06:32 AM
Total Marks: 2
Question/Description
Company XYZ has 3 partners. Company issued post dated cheque to creditor. Before the maturity date, the company decided to stop the payment of cheque due to some issues.
Q 1:- How many partners are authorized to give the instructions of stop payment?
Q 2:- How many partners are authorized to give the instruction for removal of stop payment? (Just give the answer in maximum three lines)
Question/Description
Company XYZ has 3 partners. Company issued post dated cheque to creditor. Before the maturity date, the company decided to stop the payment of cheque due to some issues.
Q 1:- How many partners are authorized to give the instructions of stop payment?
Q 2:- How many partners are authorized to give the instruction for removal of stop payment? (Just give the answer in maximum three lines)