Validity of Demand Draft

This query is : Resolved 
 


Querist : Anonymous (Querist)
12 January 2010

Dear Experts,
We have to give a Demand Draft of Rs. 500000 in a mutual consent divorce.
Actually the Proceedings will take more than 6 months, and the D/D is to be given to Third Party Now i.e. before signing the agreement.
Is it possible in any way so that the validity of D/D can be increased more than 6 months?


A V Vishal (Expert)
12 January 2010

No the period cannot be changed

Arvind Singh Chauhan (Expert)
12 January 2010

No. Find other ways to meet the purpose.

Sachin Bhatia (Expert)
12 January 2010

No the validity of D/D cannot be increased more than 6 months.

raj kumar makkad (Expert)
13 January 2010

I do agree with all experts on this subject.



Guest (Expert)
13 January 2010

issuing branch has got the power to revalidate the draft at the time of its presentation. But that can be done only after the period of validity is expired.



Guest (Expert)
28 January 2011

Mr.Prabhakar is right.



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