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Can anyone explain difference in calculation of days

Corporate & Other Laws

B &c

IMG_20230423_100437.jpg

Raghavendra Ganter

Raghavendra Ganter

CA Inter

5K+

23-Apr-23 10:06

611

Answers (1)

Best Answer

Read the provision written above. Three months after date for 30th Aug is 30th Nov and same for 31st Aug, hence same date of maturity If the month in which the period would terminate has no corresponding day (there's no corresponding 31st Nov), the period shall be held to terminate on the last day of such month.


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