Tag Archive for 'validity of cheques' at ChequeMan Blog

Tag Archive for 'validity of cheques'

Legal Action on Cheque Bouncing Issue

September 13th, 2013 by CHEQUEMAN

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 […]

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Validity of Non – CTS Cheques extended

April 30th, 2013 by CHEQUEMAN

As per the Revised Guidelines of RBI the validity of Non-CTS compliant cheques have been extended till 31st Â July 2013. Earlier it was extended till 31st March 2013.Â RBI has issued a note no. 1622 dated 18 March 2013 regarding extension of last date of CTS-2010 cheque book. RBI/2012-13/444 DPSS.CO.CHD.No. 1622/04.07.05/2012-13 March 18, 2013 The Chairman […]

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