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May 2, 2024 · Navigate the complexities of a cheque bounce case with insights into the procedure, time limits, and punishments. Explore ways to defend against a cheque bounce case, stay updated with the latest Supreme Court judgments, and understand court fees.
Nov 2, 2021 · In recent cases, it has been frequently observed that the cases relating to the dishonour of cheques remain pending for a long time. A delay in the completion of trials for offences under Section 138 has decreased the sanctity of the legislation.
May 2, 2024 · Learn about the dos and don'ts in case of a cheque bounce in India. Know the legal implications, cheque validity period, cheque bounce punishment, and more.
May 17, 2020 · Concept of Cheque bounce. A cheque bounce can occur due to various reasons such as inadequate balance, when the validity of the cheque has expired, in case of a torn cheque, overwriting in the cheque.
This article provides a comprehensive overview of cheque bounce cases in India, covering the legal framework, reasons for bounce, procedures, time limits, punishments, and practical tips for handling such situations.
Jul 31, 2019 · Know: Components, Types, E-Cheque, Reasons, Essentials, Service of notice, Limitation Period, Jurisdiction of Courts, Redressal, Liability and NI Act
A cheque bounce is an offence under Section 138 of the Negotiable Instruments Act, 1881 (“Act”) punishable with a fine which can extend to twice the amount of the cheque or imprisonment for a term not more than two years or both.
A cheque bounces due to several reasons like insufficient account balance, torn cheque, overwriting, expired validity of cheque etc. Read Cheque bounce charges, penalty, procedure and notice here.
Radhey Shyam Lodhi (who were representing them in a land acquisition case in Bulandsahar) had got opened a bank account and took their cheque book in possession. These advocates had also got the signatures of the accused persons on three blank cheques and later misused them to file frivolous complaint against them (including the present one).
If a cheque is dishonoured because funds in the payer’s account were insufficient, it is a criminal offence under the Negotiable Instruments Act of 1881. The payer may be prosecuted for issuing a cheque against an account with insufficient funds.
