What to do if the cheque bounces? Let’s understand the Legal Challenges under the NI Act

cheque-bounces

  Introduction Cheques, a common mode of financial transactions, can turn into a legal quagmire when they bounce, leading to the dishonour of cheques and potential repercussions under the Negotiable Instruments Act (hereinafter “NI Act”). As seasoned legal professionals of Lexway Chambers, we will guide you through the intricacies of cheque bounce scenarios, addressing both […]