date of issue of the cheque. The latter cheque would be by way of security
cheque, and would not be covered by Section ... other liability exists on the date on which it was delivered to the seller as a
post-dated cheque, or as a current cheque with
cheque as well. A cheque is issued as security to provide the drawee
of the cheque with a leverage of using the cheque in case ... cheque was drawn but before the cheque is encashed,
such payment must be endorsed on the cheque under Section 56 of the Act. The
cheque
arise. It
is only when the postdated cheque
becomes a "cheque", with effect from
the date shown on the face of the said ... Court clearly held that a post-dated
cheque becomes a cheque only on the date it bears when it
becomes payable on demand, and therefore
during the period of validity of the cheque a fresh cheque in the place of the old cheque which was issued would be handed over ... after the validity of the said cheque was going to expire a fresh a cheque dated 29-12-1999 was issued by the Accused
consolidated credit voucher. The date of the stamp
would be the date on which the Cheque was received in the Clearing
Department and sent ... under:
Tran. Date of Amt. Date of Actual
Credited to realisation date of
NO. Credit
a/c of A3 of cheque cheque
prior to that date. It is arguable that, between
the date of its issue and the date written on the cheque, it
is not payable ... actual date on which it is drawn, and which is issued before
the date it bears, is called a post-dated cheque.
A post-dated
bound to suffer loss, if the drawer of the cheque countermands the cheque before the date of cheque, by a stop payment order ... said instrument. The post-dated cheque becomes a cheque under the Act of the date which is written on the said cheque
Limitation Act, also the date of the payment of the debt is
the date when the post-dated cheque was delivered to the
creditor ... whether the cheque
is post-dated or ante-dated or dated the day of the
delivery. On the cheque being met, the payment
arrangement'. The complainant accordingly received the dishonoured cheque along with the cheque returned memo dated 29-4-1992 from the bankers ... before the date of despatch. For the balance amount accused issued post dated cheque dated 20-12-91."
In this case
consideration ;
(b) as to date.--that every negotiable instrument bearing a date was made or drawn on such date ;
(c) as to time of acceptance ... implied authority to put the date. When the date appears on the cheque, the presumption under Section 118(b) operates. Therefore the burden shifts
