What is ante dated Cheque example?
Key Takeaways. An antedate is a date entered on a check or legal contract that is prior to the date of entry on the check or document. For example, a “backdated” check dated July 1, but written on July 4, is an antedate.
What is the difference between a post-dated cheque and an ante dated Cheque?
“A cheque which is dated subsequent to the actual date on which it is drawn and which is issued before the date it bears is called a Post-dated cheque.” 12. An ante-dated document is defined as follows : “Placing a date on a document prior to that on which it is actually signed.”
Is an ante dated Cheque valid?
A cheque bearing a date prior to the actual date of signing the cheque or opening of an account is called an antedated cheque which is valid and can be paid till it becomes stale. This is a cheque on which you write a date that is earlier than the actual date.
What happens if a cheque is post dated?
So, the story of the post-dated cheque is that you don’t have sufficient balance on the date the drawee demands the sum from you and you issue him a post-dated cheque with a future date. This is kind of giving assurance to the recipient or the drawee that on this future date, the payment will be honoured.
What does ante dated mean?
Definition of antedate (Entry 1 of 2) : a date assigned to an event or document earlier than the actual date of the event or document. antedate. verb. an·te·date | \ ˈan-ti-ˌdāt , ˌan-ti-ˈdāt \
What is Acheque?
A cheque is a document you can issue to your bank, directing it to pay the specified sum mentioned in digits as well as words to the person whose name is borne on the cheque. Cheques are also called negotiable instruments.
What is anti dated Cheque in India?
Ante-dated Cheque When you write a date on a cheque that is older than the date on which it is delivered to the bank, a cheque is considered an Ante dated cheque. For clearance or deposit, any cheque with a previous date that is not exceeding 3 months may be presented to the bank.
What does abridging mean in history?
transitive verb. 1 : to shorten by omission of words without sacrifice of sense : condense abridge a novel an abridged dictionary.
What is the purpose of ante dated Cheque?
When you write a date on a cheque that is older than the date on which it is delivered to the bank, a cheque is considered an Ante dated cheque. For clearance or deposit, any cheque with a previous date that is not exceeding 3 months may be presented to the bank.
What are the two types of cheque?
The ten types of cheques include:
- Bearer Cheque. A bearer cheque is the type of cheque that allows the person bearing or carrying the cheque to the bank to receive the payment specified on the cheque.
- Order cheque.
- Crossed cheque.
- Open cheque.
- Post-dated cheque.
- Stale cheque.
- Traveller’s cheque.
- Self cheque.
What is the validity period of cheque?
Payment of Cheques/Drafts/Pay Orders/Banker’s Cheques In India, it has been the usual practice among bankers to make payment of only such cheques and drafts as are presented for payment within a period of six months from the date of the instrument.
Do banks accept post-dated cheques?
Postdated checks can usually be cashed or deposited at any time unless the person who wrote the check specifically told their bank not to honor the check until a certain date. Rather than writing a postdated check, it may be better to use online payment services or coordinate with your biller to move back the due date.
What is abridging?
transitive verb. 1 : to shorten by omission of words without sacrifice of sense : condense abridge a novel an abridged dictionary. 2 : to shorten in duration or extent Tess wished to abridge her visit as much as possible …—
What does abridging mean in the First Amendment?
abridging the freedom of speech, or of the press.” What does this mean today? Generally speaking, it means that the government may not jail, fine, or impose civil liability on people or organizations based on what they say or write, except in exceptional circumstances.