Cheque Bounce Cases in India: Legal Remedies Under the NI Act
Cheque bounce cases are among the most common financial disputes in India and are governed by Section 138 of the Negotiable Instruments Act, 1881. The objective of this law is to maintain trust and credibility in commercial and financial transactions. When a cheque is dishonoured due to reasons such as insufficient funds, account closure, or...
Read More
When Payments Fail: Understanding Cheque Bounce and Legal Remedies
A cheque is considered one of the most trusted methods of financial transactions. But when a cheque bounces, it not only disrupts the payment process—it can also lead to serious legal consequences. Understanding why cheques bounce, what the law says, and how you can protect your rights is essential for both payees and drawers. What...
Read More
From Notice to NOC: Step-by-Step Cheque Bounce Recovery
A cheque bounce isn’t just a financial setback—it is a legal issue that can lead to both civil and criminal consequences. Under the Negotiable Instruments Act, 1881 (Section 138), dishonor of a cheque due to insufficient funds, stop-payment instructions, or mismatch of signatures is a punishable offense. For someone dealing with a bounced cheque, knowing...
Read More