Cheque Bounce Penalties in India: Fines, Imprisonment
A cheque bounce is a serious offense in India under Section 138 of the Negotiable Instruments Act, 1881, carrying significant legal consequences for the issuer. Whether due to insufficient funds or other reasons, failing to honor a cheque can lead to penalties like fines and imprisonment. LawChef’s platform at www.lawchef.com/service/cheque-bounce connects you with cheque bounce case...
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