Best Lawyer for Cheque Bounce Cases in Tis Hazari Court Delhi. What does Section 138 of the NI Act mean? Section 138 of the Negotiable Instruments Act, of 1881 (NI Act) is very important. This helps to file a case where the cheque is dishonoured. Checks were made more trustworthy by adding this rule, which […]
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Cheque Bounce: Causes, Legal Implications, and Remedies A cheque bounce, also known as dishonor of a cheque, occurs when a bank refuses to honor a cheque due to insufficient funds, incorrect details, or other reasons. This is a common financial issue that can lead to legal and financial consequences for the issuer. Common Causes of
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Best Cheque Bounce Lawyer in Tis Hazari Court Delhi. Cheque bounce, also known as dishonour of cheque, occurs when a bank refuses to honour a cheque due to insufficient funds or other reasons. Types of Cheque Bounce: 1. Insufficient Funds 2. Signature Mismatch 3. Expiry of Cheque Validity 4. Stolen or Lost Cheque 5. Stop
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Cheque Bounce Cases: A Comprehensive Guide A cheque bounce, also known as a dishonored cheque, occurs when a bank refuses to honor a cheque due to insufficient funds in the account or other reasons. In India, cheque bounce cases are governed by the Negotiable Instruments Act, 1881. Consequences of Cheque Bounce: 1. Penal Action: The
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