Wed, Feb 09, 2022
Even though there are a lot of payment options available in today's time, cheque payment is still considered a safer way. However, a cheque, if bounced can be considered as a criminal offence. In many cases, a penalty has to be paid but did you know that it can also result in severe punishment as well?
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Fri, Jul 27, 2018
Moving the bill for consideration and passage, Minister of State for Finance Shiv Pratap Shukla said presently over 16 lakh cases of cheque bounce are pending in subordinate courts. Moreover, 34,000 such cases have gone to the high courts following appeal.
Wed, Mar 07, 2018
A special court on Tuesday sentenced a man to 15 months in jail and fined Rs 76 lakh in a cheque bounce case in Muzaffarnagar. Special court judge S O Goel convicted Rajive Mishra under the Negotiable Instruments Act.
Sat, Aug 06, 2016
The Delhi Court issued non-bailable warrants after three cheques, each of Rs 7.5 crore, issued by the airline bounced.
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