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Q. > Please Help: stale cheque
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?
1 Answers
answered Mar 01, 2012 by Ketan Samdani , V V Nagar
The validity of cheque is now three (3) months.
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Comments
Raman Gulati
04-Jan-2012 , 03:53:06 pmyes now it is 3 Months
deepanshu goyal
05-Jan-2012 , 12:17:44 pmAMENDMENT RELATED TO REDUCING TIME LIMIT IS APPLICABLE AFTER 31/03/2012.
PANKAJ BANSAL
06-Jan-2012 , 03:44:55 pmyes it is 3 months
Rishabh Upadhyay
08-Jan-2012 , 02:54:31 pmHi 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
shyam kumar.s
16-Jan-2012 , 09:52:37 amYes it is correct