Cheque Bounce in India: Complete Legal Guide Under Section 138 NI Act (2026)
Cheque bounce, also known as cheque dishonour, is one of the most common financial disputes in India. Governed by Section 138 of the Negotiable Instruments Act, 1881, it provides a strong legal mechanism to ensure trust in financial transactions. When a cheque is returned unpaid due to insufficient funds or other valid reasons, the law […]
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 […]
