RBI Guidelines for Corrections in Cheques from 1 July 2010

Hi readers,
I would like to share this important announcement with the august readers [:)] of this blog.

RBI has issued a guideline regarding the handling of cheques which comes into effect from 1 July 2010 - Herafter, i.e. from 1 July 2010, Corrections to the cheque amount in words, cheque amount in numerals, and name of the payee will not be allowed. This means that you cannot strike or rewrite or overwrite the following -
1. The name of the person to whom you are issuing the cheque
2. The amount of the cheque in numerals(numbers)
3.The amount of the cheque written in words.

So, you are allowed to make corrections to only the date, which should have your signature next to it.
Also Banks have been instructed to print/stamp the account number on the cheque as a compulsory measure.

TED Global Conference streaming LIVE in Chennai!

TED conference brings together some of the visionaries and thinkers from all walks of life. The latest edition of TED Global has started today 12 July at Oxford and is a week long event till the 16th of July.

Sigh, but what can we do here in Chennai sitting so many hundred kilometers away? Guess what, We can get to listen to the TED Global talks at 1/128th of the price, that too sitting right here in our Singara Chennai.

Think thats too good to be true? Well, thank your stars and the TEDxChennai team. They are organizing a live telecast of the TED Global event at IIT Madras Research Park on Wednesday and Thursday from 6 PM to 11 PM daily. Its a little late in the day, but well worth it. Go ahead and register at http://tedxchennailive.doattend.com and make hay while the sun shines!

UPDATE: CHANGE IN VENUE - The address of the Venue is
SAE Institute 
6th Floor, Jayalakshmi Estate, 29/8 Haddows Road
Chennai-600006
Phone: +91 (0)44 2820 3942