Partnership Firms in India

Partnership Firms in India A Partnership is a relation between persons who have agreed to share profits of the business carried on by all or any of them acting for all. Partnerships are a very good form of business entity…

Implications of Cheque Bounce in India

Implications of Cheque Bounce in India In India, a person issuing a cheque will be committing a criminal offence if the cheque is dishonoured (cheque bounce) for insufficiency of funds. Cheque bounce offence is punishable with imprisonment for a term…