Cheque must be presented within a period of 6 months from the date of cheque or its validity period which ever is earlier.
Validity of Cheque
Nidhi Jain (CS ) (987 Points)
02 July 2011
10 Replies
CS,CA F,Numrologi TusharSampat
(CS CA F Numerologist Astrologer Graphologist Face reader Vastu Expert)
(85930 Points)
Replied 02 July 2011
If say chq is issued on 1/1/2011 then it must be be deposited on or before 30/6/2011.
Chqs are normally valid for 6 months .
Nidhi Jain
(CS )
(987 Points)
Replied 02 July 2011
Thanks
I m getting confused after reading this statement.
CS,CA F,Numrologi TusharSampat
(CS CA F Numerologist Astrologer Graphologist Face reader Vastu Expert)
(85930 Points)
Replied 02 July 2011
Wat is ur confusion exactly?
SOURAV GHOSH
(Assistant Manager-Finance)
(401 Points)
Replied 02 July 2011
Cheque must be presented within a period of 6 months from the date of cheque issued bcoz cheques are valid for 6 months .
valji
(Accounts manager-MBA)
(2150 Points)
Replied 02 July 2011
cheque must be presented within 6 month validity of cheque 6 month from the date of issue
CA ADITYA SHARMA
(CA IN PRACTICE )
(16719 Points)
Replied 02 July 2011
validity of cheque is for 6 months from the date of issue
Arniv Sharda
(CA Final)
(3006 Points)
Replied 03 July 2011
jis din se cheque issue hua; uske thik 6 months ke andar andar aapko cheque bank mei deposit karva dena chahiye
cheers
![Ritesh Indian Son[CMA*CS*CA]](/img/avatars/my_avatars/289269.jpg)
Ritesh Indian Son[CMA*CS*CA]
(" Simple Living High Thinking ")
(4117 Points)
Replied 03 July 2011
Cheque must be presented within a period of 6 months from the date of cheque issued bcoz cheques are valid for 6 months .
Gurmet Siingh
(Chartered Accountant)
(413 Points)
Replied 03 July 2011
Cheque must be presented within a period of 6 months from the date of cheque or its validity period which ever is earlier.
Dear Miss Nidhi,
In some cheques it is written that cheques must be presented within 2/3/4,etc. months. So, validity period comes into play.
You mostly find this in Dividend Warrants received from Companies. Check Dividend Cheques, it is written validity period on it.
If nothing is mentioned on cheque regarding validity, then it must be presented within 6 months from the date mentioned on cheque.
I hope you got it.
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