presentation of cheque
rajan chopra
(Querist) 16 September 2013
This query is : Resolved
After 31st of July 2013 RBI has stopped the function of non CTS cheques.Now can a cheque dated 15th of July be presented within its validity I.e 3 months till 15th of Oct?
Advocate Ramesh
(Expert) 16 September 2013
You can present the cheque, without any difficulty, because as of now the RBI has not stopped the function of non cts cheque. The deadline may be extended. So you can present the cheque and the bank must accept it.
Advocate Bhartesh goyal
(Expert) 16 September 2013
banks are still accepting non CTS cheques under the directions of RBi.
Raj Kumar Makkad
(Expert) 17 September 2013
There is no practical hurdle in doing as desired.
prabhakar singh
(Expert) 17 September 2013
The cheque is valid and still collectible.
ajay sethi
(Expert) 17 September 2013
agree with experts