Legal Question in Banking Law in India
if the post dated cheque presented after 2 years , bounces . What are the implications ?..
Also after loan is closed , how long to does it take for the name to go from CIBIL ?..
Asked on 4/13/12, 1:20 am
1 Answer from Attorneys
Santosh Dash
Legal Consultant
After 2 years from which date? Is it 2 years after the cheque date, if yes, the check is invalid.
If loan is closed, why dont you cancell the check and give one stop payment? CIBIL- it depends and range from 6m-1yr
Answered on 4/13/12, 2:51 am
Related Questions & Answers
-
My property is mortgage against my friends OD facility . my friend's home is also... Asked 4/12/12, 12:10 am in India Banking Law
-
Iam 80 years old lady.my son and his partner procured loan from the bank for petrol... Asked 4/10/12, 4:39 am in India Banking Law
-
I have opened a saving account with bank for which i have given the nomination too.... Asked 4/09/12, 3:22 am in India Banking Law
-
U/Sec.138 of Negotiable Instruments Act in India, Whether the place of issuance of... Asked 4/08/12, 4:01 pm in India Banking Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
