Validity of cheque issued from an old ceque-book

Cheque is valid for 3 months from the date written on cheque. You deposit  cheque in the Bank for collection, if it is dishonoured  you  issue statutory legal Notice Under Section 138. of N.I. Act, Drawer of cheque fails to pay cheque amount within stipulated time from the date of receipt of legal notice you file  case in the court for offence Under Section 138 of N.I. Act.

As per RBI letest noms cheque is valid only for 3 month.......and please check the same should be in CTS also and all bankes follows RBI normes so it say that the bank will pay the amount may be wrong...

regards

Respected Sir,

Till date, there is no guideline to banks that only CTS cheques will be honoured. All cheques will be honoured, but non-CTS cheques may take longer time in honouring in process.

With regards.

The Reserve Bank of India (RBI)  extended the deadline to migrate to new-look cheques (CTS-2010 Standard cheques) with more security and standardised features to  31 july 2013 from   31 march,2013.

Dear @ Advocate Bhartesh goyal Sir,

u are write RBI already extended the time for CTS it was sleeped from my mind but I think the meening of CTS if fast processing of payments. and other securty reason.

Regards

Dear Anil,

For proving your case in court you should have a valid reason or transaction against which that cheque is given to you by that person.

Validity of cheque starts from the date of issuing that cheque not from the date of Cheque book. As he is saying he will inform police, than he also needs to proove that he has not signed that cheque.

Since the date of CTS is already extended till 31st July 2013, you should present the cheque to the court and do further proceeding as suggested by Mr. Gangadhar.

Thanks.

The cheque issued is valid to fasten the drawer with  liability to pay , even if the bank does honor it for its own reasons ,the civil liability to make payment by the drawer is not affected.