The Importance of Legal Representation in Cheque Bounce Cases
In today’s fast-paced commercial and financial landscape, the use of cheques remains a common method of payment. However, when a cheque bounces due to insufficient funds or other reasons, it not only leads to financial loss but also sparks legal complications under Section 138 of the Negotiable Instruments Act, 1881. In such situations, having the support of a qualified cheque bounce case lawyer becomes crucial. This blog explores the legal implications of cheque bounce cases and why expert legal representation is vital for both the issuer and the recipient of a dishonored cheque. Understanding Cheque Bounce Cases in India A cheque bounce occurs when a cheque issued by a person is returned by the bank unpaid. Common reasons include: Insufficient funds in the account Signature mismatch Account closure Payment stopped by drawer Under Indian law, specifically Section 138 of the Negotiable Instruments Act , dishonour of cheque is a criminal offence. If the drawer ...