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When Mahatma Gandhi referred to a "post-dated cheque on a falling bank," he meant that the promises of British rule in India were unreliable and would ultimately lead to failure. The metaphor suggests that the commitments made by the British government were no longer valid or trustworthy, much like a cheque that cannot be cashed because the bank is collapsing. This statement highlighted the futility of relying on the British for India's future and emphasized the need for self-determination and independence.

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1mo ago

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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.


Mahatma Gandhi'sremarks - a post dated cheque on crumbling bank regarding which proposal?

Its for Cripps Mission in 1942


Who termed cripps proposals as 'a post dated cheque in a crashing bank'?

mohandas karamchand gandhi


What is post dated chaque?

A Post Dated Cheque is one in which the cheque date will be after todays date. Let us say I give you a cheque today with date October 15th 2011, then it will be a post dated cheque. The point here is that you cannot cash that cheque before October 15th and it can be cashed only on or after the date written on the cheque.


What did Gandhi mean when he described Cripes mission as a post dated cheque on a failing bank?

I think he meant that Britain was losing the war,therefore the offer was useless and they will be unsuccessful after the war.


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 bank PDC cheque?

PDC = post dated cheque, the date the cheque may be cashed or banked is set in the future.


What is an antedated cheque?

If a cheque bears a date earlier than the date on which it is presented to the bank, it is called anti-dated cheque


Can a banker pass a post dated Cheque?

No.


What is a post date?

A post-dated cheque is a cheque, on which a future date appears and not a current date. For example, if today is 01/01/2012, then a cheque which bears a date (say) 15/01/2012 is a post-dated cheque, till that date (15/01/2012) comes. In other words, till 14/01/2012 this cheque will be considered as post-dated cheque. That is, the future date has not yet arrived (till 14/01/2012). On 15/01/2012, the cheque will be no longer a post-dated cheque, but becomes a current dated cheque.In India, a cheque should be presented for payment on or after the date that appears on the face of the cheque. This date is also called ostensible date.A banker cannot a pay a post-dated cheque as he has no mandate to debit the account of the depositor earlier than the date of the cheque. In other words, a post-dated cheque should not be paid and should be returned to the holder with the reason, "Cheuque is post-dated" as the payment of a post-dated cheque is fraught with dangers. Since payment of a post-dated cheque, as per Section of the 10 of the Negotiable Instruemnts Act, 1881, is not a payment in due-course, many banks in India will not make payment of the cheque.If any defect in the title of the payee is found later, the banker cannot claim protection and should make good the loss to the ture owner.M.J. SUBRAMANYAM, BANGALORE


What is statute of limitations on stale dated checks?

Actually nothing. It is the responsibility of the person who received the cheque to deposit and encash it before the cheque becomes stale dated.


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.