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the new cheque format comes in a form where it cannot be ... according to a press release by the hdfc bank, the non-micr cheques would be accepted only once in a week on saturdays till september ...
name of the bank and date of intimation of dishonour of the cheque, in a format that has already been kept ready. While earlier an advocate would write the complaint and file it in court ...
Firoz Muhammed, managing partner of a private firm in Kochi went to the bank the other day, to submit cheques in the new format to replace the older ones for his car loan. He had initially thought ...
The process is speeded up by what is called a cheque truncation system (CTS). More than 60 per cent of bank account holders are, however, not aware of the rule, and have not picked up new cheque ...
All those who have yet to apply for the new 'CTS-2010' cheque format need to do so before March ... Vivek Dwivedi, deputy bank manager, ICICI Bank Ltd, said, "Earlier, we had to spend a lot ...
The RBI has once again extended the deadline for issuance of new format cheque till July-end. It has asked the banks to issue new cheque books only under the new format and gave them time till ...
In a major ruling, the Madras High Court has made it clear that a complaint of cheque dishonour is maintainable only at the place where the drawee bank is situated. Justice S.Vaidyanathan said as ...
Bank account holders can continue to use their old format cheques for another three months as the Reserve Bank of India has extended the deadline for banks to issue new format cheques with uniform ...
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