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 Legal
Company Cheque Bounce - Directors Responsibility In India, cheque bounce is a criminal offence punishable with imprisonment for a term up to two years or with a fine twice the amount of the cheque or both. Recently, the provisions relating…
