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Stale Cheque charges
DeDevMore on Mar 11, 2019
I issued the ICICI bank cheque to the party on 22 Feb 2019 for the amount RS 1100. However , on the cheque, I mistakenly put the date 22 Feb 2018. The party also did not noticed and presented the cheque to their SBI bank. The cheque was not honored by my ICCI bank and returned to Party's SBI bank with reason "Stale Cheque". I was having sufficient balance. My bank has charged me Rs50+GST SBI is charging Rs 250 as service charges to the party. I need to know if SBI is fair in charging Rs 250 for stale cheque charges to the party. Party wish to recover these charges from me.