How to File a Cheque Bounce Case in India: Step by Step
Handling a bounced cheque can be disappointing, particularly when you're counting on receiving that payment. The good news is that the law has a straightforward means of acting on it. If you're curious as to how to file a cheque bounce case , you're in the right place, as this guide takes you through the process, your rights under the law, and what to anticipate. Understanding Cheque Bounce: Why It Happens A cheque is bounced when the issuing bank declines to honour it. General reasons are: ● Short of funds ● Closing of the account ● Signature mismatch ● Expired cheque Under Section 138 of the Negotiable Instruments Act, 1881, it is a criminal offence in India. Legal Procedure for Cheque Bounce Cases in India The following is the legal procedure for cheque bounce cases in India: Present the Cheque Deposit t...