Accounting Treatment of Stale Cheques

Arun (A.M. - Accounts) (39 Points)

29 December 2007  
We have several Stale Cheqes (Cheques which have been issued by us but not encashed by the receiptient of cheque and cheque is older then six months) in our books of accounts for past 1-2 years.

Is there any guidance from Institute on Accounting treatment of these items.

If not, please tell me the treatment which should be followed .