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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.
Who termed cripps proposals as 'a post dated cheque in a crashing bank'?
mohandas karamchand gandhi
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.
Mahatma Gandhi'sremarks - a post dated cheque on crumbling bank regarding which proposal?
Its for Cripps Mission in 1942
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.
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...:)
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.
