What is a cheque

Answer Posted / vikas baheti

when the cheque issued then it comes under the nagotiable
instrument act 1981 , and cheque issued by a holder for a
demand by the public and bankers , Cheque can be bounce and
can be a refund by the banker for a many way.like a sign
mismatch , not suffcient balance in the account holder, etc.

Is This Answer Correct ?    36 Yes 15 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What to do after the audit?

620


purchase price of property purchased within last 3 years is to be relied upon not and not on revalued amount for the purpose of loan against properties.

1642


Explain the different advantages and disadvantages of internal audit?

630


What are the importance of internal audit to the organization?

647


What is audit control procedure?

770






What do you mean by vouching?

700


What are the different advantages and disadvantages of internal audit?

661


May deduct TDS Froma reseller ?

1735


Please send me rbi previous exam paper with ans for group B at aparna_majumder@ymail.com

1915


what is audit & activities of auditor?

2074


i am working in a company as wholesale in saudi arabia.i am one of the new.we are supplying to some hyper market. they will issue the money as cheque and they will send the cheque amount and invoice details also.then how can i reconcile our statement with use of that cheque details

1066


What is pr ? why it is prepared and what is its purpose ? who is responsible for preparing it ? And on any fault in it who is liable ? And what will happen if fault comes ?And What are major reasons of fault ?

2322


What is an internal audit and what is the role of internal audit?

688


How to Computation Advance Tax For First Quarter

1755


What is statutory audit?

685