In a spate of decisions delivered by different High Courts1it has been held that undated/ post-dated cheques given as ‘security’ would not attract the provisions of Section 138 of the Act as no debt or liability existed on the date of handing over of these cheques and therefore dishonour ofRead More →

Several payment methods can be considered electronic funds transfers. While ACH payments, e-Checks, and wire transfers are universally considered EFTs, some other electronic payment and transfer methods may be part of the EFT family. … ATM transactions include transfers between a savings account and a checking account. Who does theRead More →

It’s a good idea to keep your check for 30 days or until you are sure that the full amount has posted to your account. After you have confirmed the deposited funds have been applied to your account correctly, destroy the check or mark it “VOID.” Should you shred oldRead More →

No. The Food Safety and Inspection Service (FSIS) generally defers to the health department of the state, city, or county to inspect foodservice establishments (restaurants, cafeterias and grocery stores). Each state makes its own rules, often based on the Food and Drug Administration’s (FDA) retail model Food Code. What areRead More →