Cheque Bounce Penalties: Fines, Imprisonment, and Financial Impact

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2025-09-03 11:27:23 -

A cheque bounce is not just a financial inconvenience but a serious legal issue in India, governed by Section 138 of the Negotiable Instruments Act, 1881. When a cheque is dishonored due to reasons like insufficient funds or signature mismatch, it triggers significant penalties and consequences. This blog explores the fines, imprisonment, and financial impact of cheque bounce cases,...

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