Allotment of shares

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Querist : Anonymous

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Querist : Anonymous (Querist)
05 May 2017 Cheque received on 31st march but amount credited in april.Now can allotment will be done on 31st march?

05 May 2017 Prudence says no. But per verdict, cheque tendered date can be considered as date of receipt of money unless cheque is dishonoured.


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