Criminal Case for Dishonour of Outdated Cheque? The Negotiable Instruments Act primarily addresses cases involving dishonour of cheques that are within their validity period. The relevant section for criminal liability is Section 138, which deals with dishonour due to insufficient funds or exceeding the amount covered by the drawer’s account. Validity of Cheques A cheque … Read more
How to Protect Yourself from Cheque Dishonour To avoid issues related to cheque dishonour in India, it’s essential to take preventive measures and understand the legal and procedural aspects involved. Ensure Sufficient Funds: Always ensure that your bank account has enough funds to cover the amount of the cheque you issue. Verify Cheque Details: Verify … Read more
Digital Cheques: Are They Covered Under Section 138 NI Act? Digital cheques, also known as electronic cheques, are a modern evolution of traditional paper cheques. They represent a digital form of the traditional cheque and are used in electronic transactions. Digital Cheques Meaning: Digital cheques are electronic versions of paper cheques. They are used to … Read more
How to File a Cheque Bounce Case in India Filing a cheque bounce case typically involves several steps and legal procedures. Here’s a general guide by Cheque Bounce Advisor on how to proceed: Legal Notice: Firstly a legal notice is to be sent to the drawer of the bounced cheque, demanding payment within a specified … Read more
SC ORDERED THE TWO MEN TO SURRENDER WITHIN A MONTH SO AS TO SERVE THEIR TERM OF TEN MONTHS JAIL IMPRISONMENT IN A 16 YEAR OLD CHEQUE BOUNCE CASE A legal system cannot be allowed to be frustrated by flagrant disregard for judicial directives and financial obligations, the Supreme Court has said while ordering two … Read more