Validity period of cheques & dds reduced to 3 months

Dear friends,

RBI has reduced validity period of cheques and DDs from 6 months to 3 months w.e.f. 1.4.2012. Pl refer attached circular.

Thanks

PC Agrawal

Ashish Bansal (service) 04 November 2011

Thanks for the Upload Mr. PC Agrawal !!!!!

Chirag (Head) 04 November 2011

Reducing validity won't help in reducing cheque bounce cases in any manner. Making law strict will surely help.

binit (executive) 07 November 2011

thanks for the updates .....

YOGESHWAR. (ADVOCATE HIGH COURT-criminal /civil -youract@gmail.com) 07 November 2011

But it is effective from 1st April 2012., pl note.

Shailesh Kr. Shah (Advocate) 07 November 2011

Thanks for information!!!!!!

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