Simple procedure to be followed when the cheque gets bounces
A check bounce notice is issued under Section 138 of the Negotiable Instruments Act when the drawer's account does not…
When and why do checks bounce according to the new rule?
A check bounce is an offense that violates Section 138 of the Negotiable Instruments Act, 1881 ("Act"), which can result…
The validity period of a bounced check – penalties and consequences
The check bounce notice informs the issuer that the check beneficiary will take legal action if the check amount is…