Cheque Bounce Cases in India: Legal Provisions and Remedies A cheque bounce, also known as dishonor of cheque, occurs when a cheque presented for payment is returned by the bank due to insufficient funds, mismatched signatures, or other reasons. In India, cheque bounce cases are governed by the Negotiable Instruments Act, 1881, particularly under Section […]
Cheque Bounce Cases: Causes, Legal Implications, and Remedies
Cheque Bounce Cases: Causes, Legal Implications, and Remedies Cheque bounce cases, also known as dishonored cheques, are a common financial and legal issue that can arise in both personal and professional transactions. Understanding the causes, legal implications, and remedies is essential for individuals and businesses to handle such cases effectively. What is a Cheque Bounce? […]