Cheque, demand draft
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 June 2012
Till then A cheque and Demand Draft will Valid ?
I think it is 6 month for Cheque and 3 Month for Deman Draft.
is it?
I think it is 6 month for Cheque and 3 Month for Deman Draft.
is it?
RAMESH KUMAR VERMA
(Expert)
18 June 2012
The three-month validity will apply for all cheques and drafts dated 1 April 2012 or later. Banks will have to mention the three-month validity on cheques and drafts issued from the next financial year.
for updation link is:
https://www.caclubindia.com/share_files/rbi-cheque-validity-47929.asp#.T97FtlI-1d4
for updation link is:
https://www.caclubindia.com/share_files/rbi-cheque-validity-47929.asp#.T97FtlI-1d4
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