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Section 51: Stale cheques

The Karnataka Municipalities Accounting and Budgeting Rules, 2006.State Rules of Karnataka · 1964

If a cheque is not encashed within the period of its currency, the entry for the cheque shall be reversed by preparing a receipt voucher, and crediting the account which was originally debited. A fresh cheque shall be issued, only after 33 return of stale cheque with a cross-reference to the stale cheque in the payment voucher.

CHAPTER 8 MAINTENANCE OF DEMAND, COLLECTION AND BALANCE REGISTERS

Where this provision sits

ActThe Karnataka Municipalities Accounting and Budgeting Rules, 2006.
Section51
Marginal noteStale cheques
JurisdictionState of Karnataka
StatusIn force as published by the source

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