Basic Must Know About Section 138 Cheque Bounce
Meaning of Cheque Bounce Cheque Bounce Means Where any cheque drawn by a person on an account maintained by him with a banker for payment of any amount of money to another person from out of that account for the discharge, in whole or in part, of any debt or other liability is returned unpaid...
Read MoreUnlocking the Power of Section 138 NI Act: Combatting Dishonored Cheques with Legal Vigor
Section 138 of the Negotiable Instruments Act, 1881 (NI Act) is a vital provision that addresses the issue of dishonored cheques in India. This article aims to provide a comprehensive understanding of Section 138 NI Act, including its key elements, legal requirements, procedure for filing a complaint, role of the courts, defenses available to the...
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