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In this article, we provide a concise step-by-step guide on how to file a cheque bounce case effectively. LawRato also provides free advice on cheque bounce matters from top lawyers in India that you can refer to.
Read LawRato’s law guide on cheque bounce cases in India to safeguard your interest in such a matter and learn more about the loopholes in a cheque bounce case. What is a Cheque? A cheque is a bill drawn on a specific banker that is only payable upon demand.
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.
Jul 12, 2024 · 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.
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.
Who can file a cheque bounce case? The complaint or case of the dishonour of cheque is filed at a place where the cheque was submitted for honouring, thus, the Drawer is the one who files a cheque bounce case.
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 · Summary trials can take place in cases of cheque bounce as per the Section 262 to 265 of the Criminal Procedure Code, 1973. The offence would be punishable with imprisonment with will not exceed the period of 1 year and fine that would exceed Rs. 5,000.
Jun 24, 2020 · This article analyses the legal steps involved in a 138 case i.e. a cheque bouncing matter and gives a brief overview of the same. Undertaking business as well as personal transaction by way of a Cheque is a common practice.
Navigate the complexities of cheque bounce cases with our comprehensive guide. Learn about your legal rights, remedies, and the steps to take for effective resolution. Empower yourself with knowledge to handle financial disputes confidently.
