What is the cheques validity?? is it 6 months or 3 months?? I came to know that cheques validity reduced from 6 months to 3 months. Is it correct??
NAVEEN KUMAR ANDHAVARAPU (FINANCE) (96 Points)
05 December 2011What is the cheques validity?? is it 6 months or 3 months?? I came to know that cheques validity reduced from 6 months to 3 months. Is it correct??
srinivass
(CA Final)
(2466 Points)
Replied 05 December 2011
Yes cheque validity is reduced from 6 months to 3months .................it is appplicable from 1st april 2012..........but i have one doubt in that if any on know plz reply here
If a cheque issued on 31st march2012....what is te validity period.
is cheque validity period is from the date of issue...??????????
or on date of submission i.e. after 1-4-2012 the cheque must be in 3months limit??????????/
or cheques validity 3months is applicable to only thosecheques issued on or after 1-12-2012.?
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