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The leader who described cripps proposal as a post-dated cheque of a crashing bank was?
It's Mahatma Gandhi, the father of the nation described cripps proposal as a post dated cheque.
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What countries were involved with Blank Check in 1914?
The 'blank cheque' was a pledge of almost unconditional support given by Germany to Austria-Hungary early in the crisis following the assassination of Franz Ferdinand in June 1914. It was top secret at the time and no other country was involved. It is widely believed that the 'blank cheque' encouraged Austria-Hungary to behave unreasonably towards Serbia.
When do the odsp checks for January come out?
2011 Payment Schedule Benefit Month Cheque Mail Date* Direct Bank Deposit Payment Date* February Wed Jan 26 Thu Jan 27 March Wed Feb 23 Thu Feb 24 April Mon Mar 28 Tue Mar 29 May Tue Apr 26 Wed Apr 27 June Thu May 26 Fri May 27 July Fri Jun 24 Mon Jun 27 August Tue Jul 26 Wed Jul 27 September Fri Aug 26 Mon Aug 29 October Tue Sep 27 Wed Sep 28 November Wed Oct 26 Thu Oct 27 December Fri Nov 25 Mon Nov 28 January 2012 Tue Dec 20 Wed Dec 21
Explain characteristics of bill of exchange?
Bill of exchange A bill of exchange or "draft" is a written order by the drawer to the drawee to pay money to the payee. A common type of bill of exchange is the cheque, defined as a bill of exchange drawn on a banker and payable on demand. Bills of exchange are used primarily in international trade, and are written orders by one person to his bank to pay the bearer a specific sum on a specific date. Prior to the advent of paper currency, bills of exchange were a common means of exchange. They are not used as often today. A bill of exchange is an unconditional order in writing addressed by one person to another, signed by the person giving it, requiring the person to whom it is addressed to pay on demand or at fixed or determinable future time a sum certain in money to order or to bearer. It is essentially an order made by one person to another to pay money to a third person. A bill of exchange requires in its inception three parties-the drawer, the drawee, and the payee. The person who draws the bill is called the drawer. He gives the order to pay money to third party. The party upon whom the bill is drawn is called the drawee. He is the person to whom the bill is addressed and who is ordered to pay. He becomes an acceptor when he indicates his willingness to pay the bill.The party in whose favor the bill is drawn or is payable is called the payee. The parties need not all be distinct persons. Thus, the drawer may draw on himself payable to his own order. A bill of exchange may be endorsed by the payee in favour of a third party, who may in turn endorse it to a fourth, and so on indefinitely. The "holder in due course" may claim the amount of the bill against the drawee and all previous endorsers, regardless of any counterclaims that may have disabled the previous payee or endorser from doing so. This is what is meant by saying that a bill is negotiable. In some cases a bill is marked "not negotiable". In that case it can still be transferred to a third party, but the third party can have no better right than the transferor
How can check your balance?
You can do it many ways.Walk into your bank branch with your account number and ask for itWalk into the nearest ATM and use your ATM card and check your balanceCall up customer care and mention your details and ask for itLogon to internet banking and check it
How do you make postdated check in bpi?
To make a postdated check in BPI, it is important to know the date in which it is supposed to clear. Having the date of a cheque many days after the day it is written will render it post-dated.
How do you make postdated check in bpi bank?
To make a postdated check in BPI, it is important to know the date in which it is supposed to clear. Having the date of a cheque many days after the day it is written will render it post-dated.
Are postdated cheques illegal in the UK?
No Post Dated Cheques are not ill legal. Gnerally client gives this kind of cheque for some kind of gurantee and assurity.
What is meant by post dated cheque?
Every cheque has a date that has to be entered in it that signifies the date from which the cheque is a valid instrument. So, if I were to issue a cheque today that you can encash anytime from now, I will put todays date as the cheque date. However, if I want you to cash it only after Dec, I will put 1st Jan 2014 as the cheque date. This means that, up until 31st Dec 2013, the cheque is worthless and you can cash it to get money only on or after 1st Jan. This is a postdated cheque because the cheque date lies in the future.
An Italian company has a postdated English check in hand can he cash in before time?
A cheque can be cashed only on or after the cheque date. Ex: Let us say you issue a cheque to Mr. xyz today (June 2nd 2009) and mark the cheque date as July 1st 2009 (A post dated cheque) Mr. XYZ can deposit this cheque on or after July 1st 2009. If he tries to deposit before that date, the bank would reject it. A cheque is a valid and legal instrument for money transactions only after the cheque date.
Who termed cripps proposals as 'a post dated cheque in a crashing bank'?
mohandas karamchand gandhi
What is the post dated cheque on a crashing bank?
A post-dated cheque is a cheque written with a future date, indicating that it should not be cashed or deposited until that date. In the context of a crashing bank, a post-dated cheque may not provide any security to the payee if the bank's financial instability leads to its inability to honor the cheque when the date arrives. If the bank collapses, the cheque may become worthless, leaving the payee at risk of losing the funds. Thus, relying on post-dated cheques during such uncertain times can be risky.
Gandji used the tream a post dated cheque on a crashing bank to refer to?
These are not the exact words, Gandhi said '...THE OFFER IS LIKE A POST DATED CHEQUE, TAKE IT OR LEAVE IT AS IT IT'. Some over Enthusiastic journalist added the last part 'on a crashing bank'. Of course it doesn't matter becz,British Empirewas really a crashing bank then...:)
Mahatma Gandhi'sremarks - a post dated cheque on crumbling bank regarding which proposal?
Its for Cripps Mission in 1942
What is postdated cheque?
It's a check that's dated after the date it was written. Banks used to not honor checks before the date that was written on them, so people would send a check dated after payday to pay the gas bill or something. These days, if a check shows up at the bank they'll process it no matter what the date is on it...so don't write any more postdated checks.
Is postdated cheque for personal loan issued was delayed in payments can be cause for arresting a client?
Payment of a loan is usually a civil matter. Civil law does not usually involve the police or "arrests" unless the matter is before a court and a judge orders it.
Is it okay depositing the funds the following day if a postdated check falls on a holiday or weekend?
Fine. You can deposit the cheque anytime after the date of issue until the next 6 months to cash it. After 6 months it becomes stale dated/expired and no cash would be given on it.
