The "stale cheque" is a debatable questions having many sides which require removing since there exists no specific law which may state its existing position. The question is whether it is a law or a ...
Banking and commercial practices consider a cheque stale when it was written long ago and the person to whom it was written never cashed it, according to www.legalmatch.com. Will a bank honour a stale ...
The legal experts at a seminar on "stale cheque law and practice" have suggested the lawmakers to introduce a law called Negotiable Instrument (Amendment) Ordinance regarding stale cheques of six ...
Cheque bouncing is one of the most common offences in the country, with over 40 lakh pending cases in the Supreme Court. A cheque can bounce for several reasons such as insufficiency of funds, ...