In a deal with a party the other party has issued me a singed check with no date on it. Is it legal to accept a check with no date ?
Also in case after giving indication to the other party, if I deposit the check putting in the date on it and the check get dishonoured, can I proceed with section 138 case ?
My understanding is when Party is giving me a cheque with no date, the party is giving me an assurance to pay the amount mentioned on the check to me whenever I wish to encash it. Isn't it legally fine transaction ?
Please comment I do not know legal aspects much.
Thanks,
Sanjay.