NI Act Section 138

7 Legal Truths: Cheque Not Proof of Debt Explained | 2025

The Mere Issuance of a Cheque Does Not Automatically Establish a Legally Enforceable Debt or Liability Introduction Revealed: 7 Reasons Why a Cheque Isn’t Proof of Debt | 2025 Cheque Not Proof of Debt / Why a Cheque Isn’t Proof of Debt : In modern commercial transactions, cheques are a widely used method […]

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Cheque Bounce in India: Meaning, Charges, Legal Consequences & In-Depth Guide

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Cheque Bounce in India: Full Guide on Penalties & Legal Process

Cheque Bounce in India: Meaning, Charges, Legal Consequences & In-Depth Guide 1. Detailed Meaning of Cheque Bounce A cheque bounce occurs when a bank refuses to honour a cheque due to reasons like insufficient funds, signature mismatch, or account closure. Governed by Section 138 of the Negotiable Instruments Act, 1881, it is both a civil wrong and a

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