Hi friends,
Pls clarify this small doubt...
How many times can a returned cheque be presented again for payment???
CA Saranya (Practicing Chartered Accountant) (329 Points)
18 March 2011
Hi friends,
Pls clarify this small doubt...
How many times can a returned cheque be presented again for payment???
Sravanthi
(CA Final ICWA Final & M.B.A)
(737 Points)
Replied 18 March 2011
I Think u r correct Sasanka
rishab goenka
(ipcc)
(122 Points)
Replied 18 March 2011
a returned cheque can be represent only one time means fresh check can be present two time
rishab goenka
(ipcc)
(122 Points)
Replied 18 March 2011
i know bcz it happend to me my bank(CBI) rejected the cheque
sivaram
(Asst Mgr-Taxation)
(6918 Points)
Replied 18 March 2011
Cheque becomes time barred after 6 months from the date of cheque .In case of Dishonour the cheque can be presented any no of times namely n times within the validity period of 6 months
SIDHARTH DHIR
(senior articled assistant)
(623 Points)
Replied 18 March 2011
TO PROVE THE DISHONOUR IN COURT OF LAW A CHEQUE MUST BE RETURNED 3 TIMES WITHIN 6 MONTHS
Vivek Gaur
(CA Final)
(346 Points)
Replied 18 March 2011
Yes...Chq can be presented any no of times in 6 months
Y@$#u
(ipcc group 2, article)
(683 Points)
Replied 20 March 2011
Originally posted by : Vivek Gaur | ||
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Yes...Chq can be presented any no of times in 6 months |
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CA Saranya
(Practicing Chartered Accountant)
(329 Points)
Replied 21 March 2011
Thanks for your reply friends...:):)
Naveen
(CA Final, B Com (A&F))
(122 Points)
Replied 21 March 2011
You can present it any number of times before it becomes a stale cheque (i.e., 6 months has elapsed from the date of the cheque)
Live class on PF & ESI Enrollment & Returns Filing(with recording)