YES, with expertise services of CHEQUE BOUNCE ADVISOR Team, you can now easily settle your pending case/dispute for any cheque bounce related matter at any stage before the Court. The Supreme Court of India has clarified that in order to ensure the payment of cheque amounts promptly and to discourage frivolous litigation, all courts should … Read more
Despite the increasing popularity of digital payments and electronic transfers like UPI & NEFT/RTGS, issuance of Cheques continue to play a significant role in business transactions in India for several reasons: Wide Acceptance: Cheques are widely accepted by businesses and individuals across various sectors, including trade, services, and retail as they offer a simple and … Read more
YES, a complaint case under Section 138 of the Negotiable Instruments Act can be filed against the dishonour of a SELF written bearer cheque, provided it meets the criteria outlined in the section. Here’s how it applies: Section 138 of the Negotiable Instruments Act, 1881 pertains to dishonour of cheques due to insufficient funds or … Read more
There is no restriction regarding the number of times a cheque can be presented and that every subsequent representation and dishonor gives rise to fresh cause of action for filing complaint. The holder of cheque can approach Cheque Bounce Advisor (CBA) Team even after a single incident of cheque bounce and seek expert services for … Read more
Yes, cheque bounce is a criminal offence for deliberate wilful reasons as stated above and as per section 138 of Negotiable Instruments Act, the drawer/signatory of the dishonoured cheque can be punished with an imprisonment for a term which may extend to two years, or with the fine which may extend to double of the … Read more