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No Alteration in the cheque is permitted

CA Final 697 views 3 replies

 

NO ALTERATION IN CHEQUES AFTER 1st JULY, 2010

RBI  has issued RBI Circular No.  “ DPSS.CO.CHD. No. 1832/01.07.05/ 2009-10 dated 22nd February 2010 by virtue of which Banks are supposed to prohibit alterations / corrections on the cheque leaf.

Prohibiting alterations / corrections on cheques : No changes / corrections should be carried out on the cheques.

Replies (3)

thanks for sharing this information

thank you for informing about this.....

Thanks for Updating.


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