What does post dating a cheque means, what does Post-dated cheque mean?
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The amount in numbers and amount in words does not match e. This is called Post Dating a cheque. Post-dated cheques are common and enforceable.
That is why Cheques are called non-negotiable instruments. Let us say if you want to issue a cheque to your friend dated Sep then it is a post dated cheque. Not a rupee more and not a rupee less.
Postdated check legal definition of postdated check
What is post-dating a cheque? What does bouncing cheque mean banking? What does non negotiable mean on a cheque? What does not negotiable mean on a cheque?
Post dating a cheque is actually a practice which should be avoided as much as possible. The post-dated cheque is not payable till the date which is shown on the face of the said document. There is not enough money in the issuers bank account to pay for the cheque c. It mayalso have the manufacturer's mark inside.
What does post-dating a cheque mean
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