What Happens If a Cheque Bounces? A Complete Legal Guide for 2026
A cheque bounce can create serious financial and legal complications for both the issuer and the recipient. In India, cheque dishonour is governed primarily by Section 138 of the Negotiable Instruments Act, 1881, which provides legal remedies to the aggrieved party when a cheque issued towards a legally enforceable debt or liability is returned unpaid […]