Please Help: stale cheque
Posted Date : 04-Jan-2012 , 01:41:15 pm | Posted By: Gaurav Kushwaha
Category :
Students | Answers :
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what is a time period after which a cheque becomes a stale cheque?To the best of my knowledge it is 6 months,is their any amendment that it has been changed to 3 months now? |
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Answers:
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 Answer by: Siddharth Bumb |
| yes now it is 3 months... earlier it was 6 months
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| Answer by: Mrattunjay |
| at present 6 m, but on or after 01.04.12 that will be 3m
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| Answer by: Rambabu Senkarasetti |
| 3 months
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| Answer by: Rambabu Senkarasetti |
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| Comments |
| Posted By : Rishabh Upadhyay |
08-Jan-2012, 03:01:24 |
| Hi friend. . The time period for a cheque to become stale is 6 months currently. . The provision for reduce this period of 6 months to 3 months is applicable from 1st april 2012 only. . To make it more clear. . I cheque written in december will be cleared till 31 march 2012 but will be treated as stale from 1st april 2012 |
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