i want to the followng matter to be cleared.
I have issued 4 cheques undated alongwith the letter confirming issuing of the above mentioned undated cheques on dated 1.1.2000. alongwith the condition to be presented in the bank for encashment with the consent of the issuer of the cheque.
The receiver of the cheque have have presented these cheques by filing the dates on the cheque. The said cheques were return with remark stop payment by the bank.
Is the matter falls into perview of sec. 138 of n . i act. What will be the issue date will be considered. Do covernote date has anything to do with the validity of six months as specified in the section.