Now Reading: Ayodhya temple gets Rs 4 crore cheque, bank sources flag no funds
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Ayodhya temple gets Rs 4 crore cheque, bank sources flag no funds
A devotee from Chennai, S Nag Lakshmi, offered a Rs 4 crore cheque at the Ayodhya Ram temple on August 25, specifying it should be used to improve salaries and facilities for…
A devotee from Chennai, S Nag Lakshmi, offered a Rs 4 crore cheque at the Ayodhya Ram temple on August 25, specifying it should be used to improve salaries and facilities for temple staff. She also donated Rs 10,000 separately for Ram Lalla. A receipt for the larger cheque has surfaced.
Bank-linked sources told India Today that the account from which the cheque was issued does not have sufficient funds to cover the Rs 4 crore amount. The claim has not been independently verified, and the cheque's status will only be known after the bank completes the clearing process. If the account lacks funds or conditions are not met, the cheque could be returned unpaid. It is not yet clear if the cheque has been presented for clearing.
Indian Opinion Analysis
The Shri Ram Janmabhoomi Teerth Kshetra Trust manages the Ayodhya temple and sets donation policies, including whether earmarked gifts like this one are accepted or redirected. High-value cheques are rare, most donations are made via RTGS, UPI or demand draft so banks can verify funds before receipt. If this cheque bounces, the trust could treat the donation as incomplete and not count it in its accounts. Under the Negotiable Instruments Act, a dishonoured cheque for Rs 4 crore could also invite legal proceedings by the trust against the issuer. No date has been given for the clearing process to complete, so the actual donation remains in limbo until the bank formally settles it.
Source: indiatoday.in
This brief was synthesised by AI from the source linked above.
