Q: Is wrong date may be a reason of cheque bounce ?

Ans: It is quite crucial to write the correct date on the cheque slip. If you write a scribbled number that can’t be read or the wrong date, the cheque will get bounced. In addition to it, if the drawer mentions a date that is over three months old, the banks can then dishonor the cheque. If the cheque was post-dated but the payee submitted it before to get the money, it will get bounced. 

Comments

Popular posts from this blog

Q: Describe the citation of Chandra Kumar v. Union of India in brief ?

Q: Discuss Section 33 of Arbitration and Conciliation Act, 1996 ?

Q: Elaborate the relevancy of citation of Union Of India vs Major R. Metri No. Mr 08585N on 4 April, 2022 in our case ?