2023

As per apnaqanoon,Blank cheques must not be issued under any circumstances, to avoid cheque bounce according to law/qanoon..

As per apnaqanoon,The punishment for cheque bounce is imprisonment for a term not more than 3 years or a fine that can extend to twice the amount of the cheque or both. According to law/qanoon civil suit can also be instituted against the drawer to pay the cheque amount.

As per apnaqanoon,Before bringing a lawsuit against the drawer after the bank returns the cheque, the payee must first, with the assistance of a cheque bounce attorney, submit the drawer a demand letter or legal notice according to law/qanoon within 30 days from the date the cheque was returned to the payee by the bank…

As per apnaqanoon,Under Section 138 of the Act, the offence of cheque bounce is a criminal offence for which the payee can initiate a criminal suit. The payee must file the complaint against the cheque bounce before the Magistrate according to law/qanoon within 30 days of the expiry of 15 days of issuing the cheque…

As per apnaqanoon,489F dishonestly issues a cheque towards re-payment of a loan or fulfillment of an obligation which is dishonoured on presentation, shall be punishable with imprisonment which may extend to three years, or with fine, or with both, according to law/qanoon unless can establish, for which the burden of proof shall rest on him,…

As per apnqanoon,489-F Whoever dishonestly issues a cheque towards re-payment of a loan or fulfilment of an obligation which is dishonoured on presentation, shall be punishable with imprisonment which may extend to 3 years and with fine, unless he can establish, for which the burden of proof according to law/qanoon shall rest on him, that…

As per apnaqanoon,In case a cheque is dishonored by the bank due to insufficient balance in account, the drawer of the cheque shall be deemed to have committed an offence and under the provision of Section 138 of The Negotiable Instruments Act, 1881, will be punished according to law/qanoon with imprisonment for a term which…

As per apnaqanoon, cheque may be outstanding for more than six months and a bank may under its discretion according to law/qanoon refuse to honor such a cheque.

As per apnaqanoon,489-F Whoever dishonestly issues a cheque towards re-payment of a loan or fulfilment of an obligation which is dishonored on presentation, shall be punishable with imprisonment which may extend to three years and with fine, unless he can establish, for which the burden of proof according to law/qanoon shall rest on him….

As per apanqanoon,The offence under section 489-F, P.P.C. is though non-bailable but does not fall within the prohibitory clause of section 497, Cr. P.C. Prima facie, section 489-F, P.P.C. is not a provision which is intended by the law/qanoon to be used for recovery of an alleged amount…