Post by: Sreeram Viswanath in Legal
Cheque Bounce Dishonour of cheque, also known as a rejection of cheque or check bounce, comes under the ambit of Section 138 of the Negotiable Instruments Act, 1881. The term ‘negotiable instrument’ usually refers to a piece of paper which…
Post by: IndiaFilings in Commercial Transaction
Cheque Bounce Notice Format Cheque bounce or cheque non-payment in a serious offence in India punishable with imprisonment or fine under Section 138 of the Negotiable Instruments Act. In case of cheque bounce, a cheque beneficiary must present the cheque issuer…
