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Tag: #FinancialIntegrity

Tag: #FinancialIntegrity

*Bounced but Not Broken: A Guide to Cheque Bounce Laws and Legal Remedies*

In commercial and personal transactions, cheques have been a tried and trusted instrument of payment for centuries. They symbolize trust, dependability, and financial obligation between two entities. But when a cheque is dishonoured, also referred to as cheque bounce, not only does it disturb the trust but also invites legal trouble under Indian law. Knowledge

“Signature of Dishonour: Legal Remedies for Cheque Bounce Cases”

Introduction In the world of commerce and financial dealings, a cheque serves as more than just a payment instrument — it represents trust. However, when that trust is broken due to a dishonoured cheque, the consequences are not only financial but also legal. In India, cheque bounce is a punishable offense under Section 138 of