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 cruc...
Cheque Bounce Cases in India: Legal Provisions and Remedies
A cheque bounce, also known as dishonor of cheque, occurs when a cheque presented for payment is returned by the bank due to insufficient funds, mismatched signatures, or other reasons. I...