var monthNames = ["JAN", "FEB", "MAR", "APR", "MAY", "JUN",
"JUL", "AUG", "SEP", "OCT", "NOV", "DEC"
];
var date = new Date('01-JAN-2016')
date.setDate(date.getDate() - 1)
date = date.getDate()+"-"+monthNames[date.getMonth()]+"-"+date.getFullYear()
console.log(date)