Friday, 29 January 2016

Acceptance of cheques bearing a date as per National Calendar (Saka Samvat) for payment


Acceptance of cheques bearing a date as per National Calendar (Saka Samvat) for payment


As you are aware that Government of India has accepted Saka Samvat as National Calendar with effect from March 22, 1957 and all Government statutory orders, notifications, Acts of Parliament, etc. bear both the dates i.e., Saka Samvat as well as Gregorian Calendar. Therefore, a cheque written in Hindi and bearing a date in Hindi is a valid instrument.


You are further advised to ascertain the Gregorian calendar date corresponding to the National Saka calendar in order to avoid payment of stale cheques.

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