BANK SBI PO Mock Test Series 2025 (Pre + Mains) Banking and Financial Awareness Negotiable Instruments
If Financial Directors of any Ltd. Company expired and the cheques signed by him were presented for payments. In this case, should the bank pay those cheques?
A) Cannot be paid because he was an unauthorized person
B) Cannot be paid he is singing in a representative capacity
C) Can be paid as he is singing in a representative capacity
D) Can be paid after getting a new resolution from the board of director of the company
1
Only A & B
2
Only B & C
3
Only C & D
4
All of the above
5
None of the above