The term Post-dated Cheque itself defines the meaning, A Post dated cheque is the one which is drawn only at a future date. The validity of a post-dated cheque arises from the date mentioned on the cheque. As per the latest judgement of the Supreme Court, a post-dated cheque will be considered as a bill of exchange and not a cheque before the date mentioned. Generally, PDCs are issued as securities in loans, advances and other transactions like a lease. Dishonor of cheque or we can also say Cheque bounce in India is a Criminal Offence dealt with Sec.138 of Negotiable Instruments Act,1881. The legal punishment for dishonor of PDC is either a term of imprisonment or fine or both.
Read http://bit.ly/2uPMSDK To Know More!
cheque bounce, dishonoured cheque, check post, post dated cheque, how to write a cheque, what is cheque, account payee cheque, pdc cheque, cheque writer, dishonoured cheque meaning, bounced check, section 138 cheque bounce punishment, 138 ni act in hindi, how to write a check, different types of cheques, cheque bounce case time limit, cheque validity period, cheque bounce meaning, cheque return, cheque validity in india, cheque cashing, escape from cheque bounce case, cheque bounce punishment, cheque bounce reasons, check bounce charges, cheque bounce penalty, how to write account payee cheque, post dated cheque meaning, 138 ni act punishment, post date, what is post dated cheque, how many types of cheque, what is cheque bounce, loan against cheque, personal loan against post dated cheques, cheque bounce law in india, cheque bounce notice format, section 138 cheque bounce punishment in hindi, pdc cheque meaning, section 138 cheque bounce, date check, cheque bounce law, cheque bounce case punishment, how to fill cheque to withdraw money, how to deposit account payee cheque, dated date, check bounce meaning, cheque bounce legal notice, what is pdc cheque, post dated cheque india, legal notice format for cheque bounce, what happens if a cheque bounces, cheque date validity, post dated, post dated meaning, cheque bounce case rules, cheque bounce section, post dated check, how to write a post dated cheque, how to issue a cheque, new law for cheque bounce in india, pdc cheque full form, post dated cheque meaning in hindi, cheque bounce in india, pdc check, pre dated cheque, pdc payment, cheque date, pdc in banking, cheque bounce rules, post dated cheque validity, cheque bounce act, check bounce punishment, if cheque bounce, cheque bounce due to signature difference, what if cheque bounces, what happens when a cheque bounces