Chq/draft/Banker's cheq etc. will be valid for 3 months

CA Pallav Singhania (IT System Auditor) (33362 Points)

27 January 2012  

Dear All,

As per the RBI notifications i.e. “RBI/ 2011-12/288” , circulated on Dt. 02.12.2011, all Cheques / drafts / pay orders / banker's cheques presented will be valid for 3months with effect from April 1, 2012.

Please find attached the notification for your reference.

 

Regards,

Aryan Singhania