Cheque Bounces
When a Cheque Bounces: Legal Steps You Must Know A bounced cheque occurs when a cheque issued by an individual or business is returned unpaid by the bank due to insufficient funds, signature mismatch, or other discrepancies. In India, such cases are governed by Section 138 of the Negotiable Instruments Act, 1881 (NI Act), providing […]
Cheque Bounce Cases: Understanding Legal Implications and Remedies
In India, cheques are widely used as a mode of payment due to their convenience and reliability. However, sometimes cheques fail to clear due to insufficient funds, discrepancies, or other banking issues. Such instances are known as cheque bounce cases. These cases are not just financial issues—they have significant legal implications under the Negotiable Instruments […]
