PENALTIES FOR CHEQUE BOUNCE IN INDIA: LAWCHEF EXPLAINS THE LEGAL...

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2025-06-16 09:38:08 -

PENALTIES FOR CHEQUE BOUNCE IN INDIA: LAWCHEF EXPLAINS THE LEGAL CONSEQUENCES

By LawChef – Your Trusted Legal Partner in India At LawChef, we understand that a cheque bounce can lead to serious legal repercussions for the issuer, while offering a pathway for the payee to recover their dues. As of 03:01 PM IST on Monday, June 16, 2025, cheque bounce cases in India are governed by Section 138 of the Negotiable Instruments Act, 1881, with clear penalties for...

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