Cheque bounce cases are one of the most common legal issues faced by individuals and businesses in India. With the increasing use of negotiable instruments for commercial transactions, instances of dishonoured cheques have also surged. In this context, a common question arises—is partial payment a…
In a landmark move to strengthen the sanctity of financial instruments and reduce frivolous delays in litigation, the Supreme Court of India has recently issued significant rulings aimed at simplifying and expediting the prosecution process for bounced cheques under Section 138 of the Negotiable Instruments…
In the world of commerce and daily transactions, cheques remain a widely used method of payment. Despite the rise of digital payments, cheques still hold legal and transactional value in India. However, one of the most common legal issues individuals and businesses face is cheque…
A cheque bounce, also known as a dishonoured cheque, occurs when a bank refuses to process a cheque due to specific reasons, leading to non-payment to the payee. This situation can result in financial losses and legal complications for both the issuer and the recipient.…
A cheque bounce occurs when a bank refuses to process a cheque due to various reasons, leading to non-payment to the payee. This can result in financial losses and legal consequences for both parties involved. Understanding the implications of a cheque bounce notice under Section…
A cheque bounce occurs when a bank refuses to process a cheque due to various reasons, leading to non-payment to the payee. This can result in financial losses and legal consequences for both parties involved. Understanding the implications of a cheque bounce notice is crucial…
