Legal Question in Banking Law in India
does a cheque when presented only once in 6 months validity time, and bounced, makes it valid for another six months , without any further endorsement from the issuer or the instrument has a fixed time limit of 6 months ??
Asked on 6/26/12, 10:09 pm
4 Answers from Attorneys
Sanjay Kalra
Sanjay Kalra & Associates
The Cheque is valid for 6 months only.
Answered on 6/26/12, 10:52 pm
Global Legist
Advocate & Legal Consultants
Hello,
Validity of cheque is six (6 ) months.
You can present the cheque multiple times within the validity period.
With Regards
Global Legist
Advocates and Legal Consultants
+91 9873400403
www.globallegist.com
Answered on 6/27/12, 10:30 am
Vivek Mapara
Vivek N. Mapara
Hi
It is valid for 6 months only, irrespective of number of times you present.
Regards
Vivek N Mapara
Answered on 6/30/12, 11:31 pm
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