In simple words, a cheque is an order to a bank to pay a particular sum of money from the account of the issuer of the cheque, written on a specifically printed form. The issuer of the cheque is ...
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Banking: If you do not correct this mistake even after the cheque bounces, then strict action can be taken, know the rules..
Check Bounce Tips: In our country, people of every class take the help of banks to deposit future capital and for financial ...
A recent Supreme Court ruling has plugged a longstanding loophole that often allowed defaulting partners of a firm to escape liability and evade prosecution on procedural grounds. In a judgment ...
Delhi has emerged as the ‘cheque-bounce capital’ of India, with over 5.55 lakh cases pending in trial courts under Section 138 of the Negotiable Instruments Act (NI Act). According to court statistics ...
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