Cheque Bounce Laws in India: Legal Remedies and Implications
In India, a cheque bounce is not just a financial inconvenience—it’s a legal offense under the Negotiable Instruments Act, 1881. With an increase in cheque-based transactions, understanding the law governing dishonoured cheques is crucial for individuals and businesses alike. What Is a Cheque Bounce? A cheque bounce occurs when a bank refuses to honour a cheque, […]
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