Can i file case for recovery for cheque dated October 2013
12-Aug-2023 (In Recovery Law)
I have given 2 lakh to my relative in cash. They gave me 15 thousand in cash and chq for 1.85 lac dated oct, 2013. Chq bounced. Till today, he is postponing to give amount by requesting me. Can i file recovery suit now by filing condonation application?
the expiry of the signed cheque is three months in all cases. after the said expiry period your cheque will be called a stale cheque. it will remain a mere piece of paper and you will not be able to take its benefits.
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