Can your cheque book expire

In case it is returned by bank hopefully it would not be done so with note of being an old cheque,file FIR of cheating against him. He played smart then, now trying smart. Guest Expert 28 August First of all, if you put the cheque for encashment in to the bank, that cheque would get dishonoured merely on the plea that the cheque does not relate to the new CTS system, as cheques of old system stand withdrawn from Secondly, if the cheque has been drawn in his own handwriting and even if the bank honours the old system cheques within the same branch trnsactions, he cannot deny use of fresh ink if found on frensic examination.

So, his complaint may become false. But beware, if you have filled in the particulars in your own handwriting, his complaint may prove to be true about the use of stolen cheque. Raj Kumar Makkad Expert 28 August After introduction of new CTS rules, there remains no scope ofr acceptance of the cheque by the banker of the complainant so further question of bouncing do not arise. Arunagiri Expert 01 February You say, the cheque is 10 years old, what is the date of the cheque? Click here to login now Similar Resolved Queries :.

Ask Query Unanswered Queries. Betrayed Neighbour creating problem by doing business in home Attending meetings in co op hsg society by a proxy in gujara. Search Ask a Query Answer a Query. Hall of Fame Settings experts Resolved Queries.

Subscribe to Expert Queries Feed Subscribe. Articles Forum Jobs Events. News Experts Feed Top Members. Scorecard Poll Share Files Bookmarks. Member Strength 7,97, and growing.. The new cheque books will bear the new IFSC code. The IFSC is an digit alpha-numeric system that uniquely identifies all bank branches participating in the Reserve Bank of India's fund transfer system.

Sign In. Are you an SBI customer? These cheque books will become invalid from today. The SBI on Friday had asked the account holders to apply for new cheque books before December 31, to avoid any inconvenience.

Looks like you have exceeded the limit to bookmark the image. Remove some to bookmark this image. You are now subscribed to our newsletters. Details here. Premium Premium Term insurance issued in India has global coverage. Premium Premium Compare your bank FD rates. Premium Fino Payments Bank shares list at discount to issue price. Subscribe to Mint Newsletters.