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Rightly so, the parliament has amended the Negotiable Devices Act and classified the act of dishonour of cheque for a criminal offence which is punishable by imprisonment up to two decades or with monetary penalty or with both.

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In view of your abovestated info and situations, it is actually most respectfully prayed that this Honorable Courtroom could be delighted to

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If NBW is issued towards you, then you’ll need to file an software for cancellation of NBW ahead of the Hon’ble Courtroom.

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In case the cheque bounce situation is actually a summary demo, then the Magistrate can move a sentence of imprisonment not exceeding a single calendar year and amount of great exceeding Rs. 5,000.

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Cheque is actually a proof of payment. And any misuse or abuse warrant for rigorous action, rightly so. And here are some more info reasons why a cheque bounce or dishonoured.

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