Regarding 138

Chetan Patil (Querist) 01 August 2014 This query is : Resolved
That the I had presnt the cheque of Dt.16/4/2014 on Dt.12/7/2014 and the bank return the same to me with mentioning that the the cheque is beyond limitation

my query is whether the period of clearing the is not counted ?

otherqwise

pls advise me properly

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Devajyoti Barman (Expert) 01 August 2014
cHEQUE IS NO MORE VALID 3 MONTHS. nO CHEQUE BOUNCE CASE LIES.

Rajendra K Goyal (Expert) 02 August 2014
The cheque could have been paid in 3 months from date of cheque i.e. upto 15.07.2014.

ajay sethi (Expert) 02 August 2014
you have presented cheque within period of 3 months . it ti not beyond limitation . ask drawer for fresh cheque now

Dr J C Vashista (Expert) 03 August 2014
The bank cannot return the cheque, it is still within validity period. If returned, proceed against the bank through local lawyer.

T. Kalaiselvan, Advocate (Expert) 03 August 2014
The counter foil of the pay-in-slip will be an evidence to prove that you have deposited the cheque with the bankers on time i.e. within the expiry of valid time. You may initiate legal action against the bank, if you have time to follow it up properly or look for an aleternative.

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