PE2 Valuation

This query is : Resolved

krishna kumar (Querist)
Follow

17 June 2009 can the PE2 student, who had just appeared the June 2009 exam, expect any consideration from the institute like liberal valuation???

Rohit Gupta

Rohit Gupta (Querist)
Follow

17 June 2009 Cheques become stale after the expiry of six months from the cheque date. The bank may dishonour the same and on confirmation from the drawer it can be paid.

However, i want to confirm the liability of the banker in case it makes payment against a stale cheque. Please mention the relevant section also.

Manmohan ACA, CS

Manmohan ACA, CS (Expert)
Follow

17 June 2009 no

CA. B.SRINIVASULU

CA. B.SRINIVASULU (Expert)
Follow

17 June 2009 The Bankers should not honour stale cheques. If by mistake they honour it is the duty of the Banker to re-imburse the amount alongwith costs and damages if any happended to the account holder. There is no any special section. But in the normal practice this is adopted.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Ishwar Radhakisan Tawani

Lalan Kumar Jha

Kalyan Guha

Rajat Khandelwal

Sanoj T

Subscribe Now

PE2 Valuation

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Article Assistant

CA Final

Manager- Finance and Compliance

Accountant

GST CONSULTANT

GST CONSULTANCY