KartavyaDesk

What happens if a cheque bounces? Is the original date of presentation still considered the date of payment?

Pension RulesRPRRule 10

No. If a cheque bounces, the payment is not considered complete. A fresh payment will need to be made, and the date of that new payment will be considered the official date.

Source: RPR Rule 10

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This answer is for informational purposes only and does not constitute legal advice. Always refer to the original rules and consult competent authorities for official interpretation.