Consequences of a Cheque Bounce Case
Due to insufficient balance, torn cheque, overwriting, expiration of the validity of cheque, fraud, signature issue, etc., there are chances of cheque bounces or dishonored cheque. Section 138 of the Negotiable Instruments Act, 1881 deals with cheque bounce related cases. This section lays down the punishment for the one who is found guilty of cheque … Read more
