Law related to bouncing of cheque

By Team Legal Helpline India

A brief write up by our experts on the law related to bouncing of cheque and all other related issues which will help one in understanding the entire process. Important definitions under the Negotiable Instruments Act are contained in Section 6 of Negotiable Instruments Act: ‘6. “Cheque“ A “cheque” is a bill of exchange drawn on a specified banker and not expressed to be payable otherwise than on demand and it includes the electronic image of a truncated cheque and…Read more

How to issue cheque bounce notice

By Team Legal Helpline India

A brief description of how to issue cheque bounce notice by our experts with important tips and format of suggested notice under Section 138 of the Negotiable Instruments Act. The suggested format of the notice under Section 138 NI Act is given at the below link which can be download https://www.legalhelplineindia.com/free-legal-formats The provision of law related to bouncing of cheque is contained in Section 138 of Negotiable Instruments Act 1881 which is as under: Section 138 in The Negotiable Instruments…Read more