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Monday, June 14, 2010

Alterations in cheque - not allowed

As per the new RBI guidelines, customers are no longer allowed to alter the Amount or the Payee Name while issuing a cheque. The cheques with such corrections will no longer be honoured effective 1st July, 2010.

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Law in India

Monday, June 14, 2010

Alterations in cheque - not allowed

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