A cheque bounce is a serious financial and legal issue that can arise when a bank refuses to honour a cheque presented for payment. In India, cheque dishonour involving a legally enforceable debt or liability may attract legal proceedings under the Negotiable Instruments Act, 1881, particularly Section 138. Businesses, individuals, creditors, and borrowers should understand...Read More

A cheque is one of the most commonly used instruments for making payments in business and personal transactions. It provides a convenient way to transfer money without requiring immediate cash payment. However, when a cheque is presented to the bank and is returned unpaid, the situation can become legally and financially complicated. A cheque bounce...Read More