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CHEQUE BOUNCE CASES

WHAT KIND OF CASES CAN BE FILED FOR FOREIGN BANK’S CHEQUE DISHONOUR IN INDIA?

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Cheque Bounce Advisor

In India, handling the dishonour of a foreign bank cheque can involve several types of legal actions, each tailored to address different aspects of the issue. Civil Suit for Recovery: If a foreign cheque is dishonoured and the drawer owes money to the payee, a Civil Suit for recovery can be initiated. This involves filing … Read more

HOW TO AVOID PUNISHMENT IN CHEQUE BOUNCE CASES?

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CHEQUE BOUNCE CASES

Avoiding punishment in cheque bounce cases requires proactive measures and careful financial management. A Bounced Cheque, governed by Section 138 of the Negotiable Instruments Act, can lead to serious legal consequences, including fines and imprisonment. You surely can avoid grave ramifications of Cheque Bounce situations by ensuing steps; Maintaining Sufficient Funds: Ensure your account always … Read more