DERA FRIENDS PLEASE TELL ME THE VALIDTIY OF A CHEQUE WHICH HAS BEEN ISSUED BEFORE 1.04.2012 .
IS UNDER THE 138 NI ACT ?
sir please find following attachement for RBI notification on validity of cheques
Cheque issued previous to 01/04/2012 is valid for six months only.
VALID FOR 6 MONTHS ONLY
valid for six mnths unless a lesser period is written on cheque.
Now valid for 3 months only
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