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.

Read more
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

[email protected]

www.globallegist.com

Read more
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

Read more
Answered on 6/30/12, 11:31 pm
Aniruddha Pawse Aniruddha.P.Pawse Advocates

No

Read more
Answered on 7/12/12, 4:00 am


Related Questions & Answers

More Banking Law questions and answers in India