New cheque/DD format from 1st August 2014
As per RBI guidelines, from 1st August 2014, the cheques/DD submission to BEE regarding the Company registration/ Model Registration/Labeling fee/for any other process shall consist the bar-code (i.e., Cheque truncation system (CTS)) for further consideration of process under the S&L Program. If the cheques/DD were received without the barcode, the same shall be returned to permitte/manufacturer. Hence, Now onwards cheque/DD which are not compliant to these guidelines will not be accepted.
For further details Please follow on http://188.8.131.52/content/files/Alerts_CTS.pdf