Dishonoured Promises: Understanding Cheque Bounce and Its Legal Consequences

Dishonoured Promises: Understanding Cheque Bounce and Its Legal Consequences

Introduction In today’s financial world, cheques are widely used for business and personal transactions. However, when a cheque is dishonoured or bounces, it can lead to serious legal and financial consequences for the drawer. A bounced cheque is more than just a failed payment—it is a legal offense under Indian law. This article explores the […]