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Deposit of cheque
1
Cheque must reach the Drawee Bank for payment, within three months from the date mentioned over the cheque.
2
In cases where outstanding debt is less than cheque amount, then, an endorsement at the back of the cheque may be made recording receipt of part payment. Section 56 N.I. Act, 1881.
Deposit of cheque
1
Cheque must reach the Drawee Bank for payment, within three months from the date mentioned over the cheque.
2
In cases where outstanding debt is less than cheque amount, then, an endorsement at the back of the cheque may be made recording receipt of part payment. Section 56 N.I. Act, 1881.
Deposit of cheque
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