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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?
4 Answers
answered Jan 22, 2012 by Siddharth Bumb
yes now it is 3 months... earlier it was 6 months
answered Feb 21, 2012 by Mrattunjay , New Delhi
at present 6 m, but on or after 01.04.12 that will be 3m
answered Jul 03, 2012 by Rambabu Senkarasetti , Guntur
3 months
answered Jul 03, 2012 by Rambabu Senkarasetti , Guntur
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PANKAJ BANSAL
06-Jan-2012 , 05:24:42 pm3 months
Rishabh Upadhyay
08-Jan-2012 , 03:01:24 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