THE CIRCUMSTANCES TO STOP THE CHEQUE PAYMENT:

The company may request stop payment on checks for several reasons

• Incorrect credentials written on cheque such as Wrong amount, wrong date or spelling error etc.
• Wrong purchase of goods or defective product
• Lost of cheque or cheque book has been stolen etc

Key-points to be covered in the resolution to cheque stop payment:

• Date and Place where resolution passed.
• The Bank name and Branch name.
• causes to stop payment.
• cheque number or numbers and issue date