You may have noticed that people often give us checks, which are used to return money or make payments for goods. However, ...
When a person undergoes IBC proceedings, a moratorium on legal action with respect to any debt kicks in. But there is little ...
Cheques continue to play an important role in financial transactions across India, particularly for business payments, loans, ...
A local court has awarded one year jail to an accused in a cheque bounce case under Negotiable Instrument (NI) Act with the ...
A Special State Lok Adalat in Gurugram has successfully resolved 2,497 cheque bounce disputes, settling claims worth over Rs 40 crore. This initiative, guided by local judicial authorities, provided ...
The larger bench is now expected to settle whether the moratorium extinguishes or merely suspends the penal consequences ...
The law related to cheque bounce has undergone a change in recent times in the UAE. The law on cheque bounce in the UAE is codified in the Federal Law No 18 of 1993 concerning commercial transactions ...