What Is The Reason For Cheque Bounce As Per LAW(QANOON)

As per apnaqanoon, there are several cheque bounce reasons to be considered such as incorrect date mentioned on the cheque, signature mismatch, mismatch of the amount and figures, damaged cheque, overwriting of the cheque, etc. The principal reason for a cheque bounce is insufficient funds.

Leave a Reply

Your email address will not be published. Required fields are marked *