Fri, Apr 29, 2022
About 33 lakh cheque bounce cases are pending in different courts across the country. Most of the cases are pending in Maharashtra, Rajasthan, Gujarat, Delhi and Uttar Pradesh. Showing strictness on cheque bounce cases, the Supreme Court has sought answers from the Modi government, the state government and the High Court on the recommendations of forming an experts committee. In order to deal with the increasing cases of cheque bounce in the country, a committee had recommended that special courts should be set up to try such cases.
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Fri, Mar 11, 2022
A cheque is one of the most safest ways to transfer money. Did you know that different numbers on a cheque reveals a lot of information about the bank, cheque and the issuer. Here is all you need to know.
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?
Fri, Jul 17, 2020
Watch Zee Business Special show on Cheque bounce new rules.
Wed, Jul 15, 2020
The Government is mulling about making a change in the the Cheque bounce law by shifting it from the criminal offense list to the civil offense list. However, this Government plan hasn't gone down well among the traders.
Tue, Jul 14, 2020
No more criminal prosecution if the cheque bounces? watch discussion in this video..
Sun, Jun 02, 2019
Trial courts were given the liberty to order interim compensation to victims of cheque bounce, even when the appeal against the offender was pending, through the enactment of a new law.
Mon, Dec 24, 2018
Cheque bounce defaulters should know that this can lead to a huge loss. Also, know that it impacts negatively both the parties involved in the transaction!
Fri, Dec 15, 2017
Prasad said the bill would amend the Negotiable Instrument Act, 1881 to bring "stricter provisions for cheque bouncing and incentive for the payee who suffers".
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