Expert Lawyers,
I have few doubts about cheque
Borrower needs 1 Lac Loan for 6 months and he is ready to give cheque in addition to promissory note. Interest is 2% per month = 2000rs per month
1. what should be the cheque date? today date or add 6 months = 13-Dec-17
2. can the cheque amount be principal + interest? ie Rs. 1,12,000/-