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Cheque Bounce Cases

Cheque Bounce Cases

One of the growing menance in Indian courts are the matters related to cheque-bounce. It has been made a criminal offence so that trust and equity is maintained in the transactions arrived between the parties. It may be made on account of insufficiency of funds or due to stop-payment made by the drawer. One of the main aspects which requires due consideration is the jurisdiction of the court.Guilt persons can be punished with imprisonment for [“a term which may extend to two year”], or with fine which may extend to twice the amount of the cheque, or with both.

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