Applicable date for new cheque bouncing


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31 May 2012 What is the applicable date from which cheque validity is reduced to 3 months.

31 May 2012 Applicable from 1.4.2012.

All cheques issued on or after 1.4.2012 and cheques issued prior to 1.4.2012 but not presented have a validity of 3 months.


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