Legal Question in Banking Law in India

cheque presentation

can a cheque or an ecs be presented befor the due date ( if the due date is a holiday )


Asked on 8/02/07, 3:32 am

4 Answers from Attorneys
kavitha balakrishnan kpp associates

Re: cheque presentation

a cheque would be encashable only from the date that is written on it till 6 months.

encashment before the due date of payment is not possible!

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Answered on 8/03/07, 12:24 am
G. M. Gupta gmguptaandassociates

Re: cheque presentation

if you mean date of its expiry then answer is yes

if u mean presentation before the date of cheque then the answer is no.

For further detailed advice please contact in person. Consultation charges shall apply.

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Answered on 8/02/07, 9:14 am
J. Radhakrishnan independent Practice

Re: cheque presentation

No. It has to be presented on the next working day and not before the date.

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Answered on 8/05/07, 10:58 pm

Re: cheque presentation

No.The instrument becomes negotiable only on its due date.

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Answered on 8/02/07, 1:35 pm


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