ASSISTANT MANAGER
14607 Points
Joined July 2011
Dear Ambica,
The following amendments are applicable in PCC/IPCC November 2012 examination for Paper 2- Business Laws, Ethics and communication.
A) The Negotiable Instruments Act, 1881: The Reserve Bank of India vide Notification No. RBI/2011-12/251 DBOD.AML BC.No.47/14.01.001/2011-12, dated 4th November, 2011 directed that the validity of Cheques/ Pay Orders/Banker’s Cheques will be reduced from the period of six months to three months from the date of such instruments with effect from 1st April, 2012.
B) The Companies Bill, 2011: Not Applicable.
Regards,
RAJESH CHOUDHARY