Section 138 of the Negotiable Instruments Act, 1881 governs the law relating to Cheque Dishonour (popularly known as cheque bounce). In the light of the said Section, the payee can criminally prosecute the drawer in case the cheque issued by the drawer gets dishonoured or bounced. With respect to the recent amendment made to the Act the bouncing of a cheque is considered to be a much serious offence.
A cheque is considered to be dishonoured when there is no sufficient amount present in the drawer’s bank account as on the date of maturity or due to wrong signature or mismatching of figures. Approaching eStartIndia in legally assisting you in matters relating to cheque dishonour offences ensures the best of quality and effective resolving measures.
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