Announcement of the Circuit to Fix the Impact of Time-Lapse Checks
In a circular to the banking network, the central bank notified how the holder had failed to file a criminal and legal suit against the checks for checks that had expired three years after their non-payment certification had been completed.
According to the International Stone Exhibition of Iran, pursuant to Circular No. 97.468511 dated 1397.12.28 Central Bank Credit Management, and pursuant to Note 3 (f) of Article Five of the Five-Against Amendment of the Bankruptcy Law Amending the Law of November 1979, Banks shall Penal and legal action against the holder in respect of checks that have expired three years after the date of non-payment of the certificate, to remedy the adverse effect of the return checks by inserting code six.
It is noteworthy that, until the judicial system of criminal and legal proceedings against Czechs is launched, the bank concerned should communicate with the Judicial Information and Information Technology Center of the Judiciary in order to obtain a prima facie investigation of criminal and legal proceedings. Take three years.
* Ilna