Definition of Post Dated Cheque

Q.  What happens if a cheque is post dated?
- Published on 20 Jul 15

a. Bank on whom it is drawn will not honour the cheque before the date of the cheque
b. Bank on whom it is drawn has to honour the cheque before the date of the cheque
c. Bank on whom it is drawn has to refer to RBI to honour the cheque before the date of the cheque
d. Bank on whom it is drawn has to refer to court to honour the cheque before the date of the cheque

ANSWER: Bank on whom it is drawn will not honour the cheque before the date of the cheque
 
Post-dated cheque is a cheque written by the drawer for a date in the future

Related Content

➨ Post your comment / Share knowledge


Enter the code shown above:

(Note: If you cannot read the numbers in the above image, reload the page to generate a new one.)
▲