Marked 11 months 2 weeks ago onto Supreme Court: Development of New Proforma of Che…
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The Hon’ble Court has observed “with ensuring the credibility of cheques, it is equally important that cheques are not allowed to be misused giving cause to frivolous litigation. The Reserve Bank of India may consider developing a new proforma of cheques so as to include the purpose of payment, along with other informations mentioned above to facilitate adjudication of real issues”.
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