Smart and Easy Cheque Printing Software
In case of frequent dishonor of cheques, RBI has issued following procedure for the banks to follow: 1. Â In case of dishonor of cheques for the third time on a particular account of the drawer for a particular financial year, bank should issue “cautionary advice” to the account holder. 2. Â If it continues for […]
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A cheque is a negotiable instrument in India and is valid for three months from its date. Cheque bouncing is one of the most common offences in the country, with over 40 lakh pending cases in the Supreme Court. A cheque is said to be bounced when the payment stated on it is not made […]