Legal Question in Banking Law in India
How many times a cheque can be revalidated by the drawer?
Asked on 5/31/11, 7:24 am
3 Answers from Attorneys
Arent Lievens
Advocates Lievens & Lievens
At least once.
The drawer crosses out the old date, and states the new date with his signature.
Because a cheque is a small piece of paper, the amount of times this is possible, is limited.
It may be more advisable that the original cheque is destroyed, and a new one is drawn up.
Answered on 5/31/11, 7:38 am
Professor SOMNATH MUKHERJEE
MUKHERJEE ASSOCIATES(Cell +91 9874753359/ 9477781578)
normally at once
Answered on 6/01/11, 7:09 am
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