Business Studies, asked by pubglian2004, 8 months ago

This cheque can be encashed in the bank only after revalidation. ​

Answers

Answered by m420420sharma
0

Explanation:

In a November 2001 ruling, the Supreme Court of India observed that cheques can be revalidated by the drawer to give them fresh life of another six months even if their validity period has expired. ... However, when the cheques were presented again for payment, they were dishonoured once again.

Answered by tushirakshay06
0

Answer:

In a November 2001 ruling, the Supreme Court of India observed that cheques can be revalidated by the drawer to give them fresh life of another six months even if their validity period has expired. ... However, when the cheques were presented again for payment, they were dishonoured once again.

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