Practical Legal Guidance
What Happens if a Cheque Bounces
Cheque dishonour can attract criminal liability under Section 138 of the Negotiable Instruments Act once a statutory demand notice is issued and unpaid within the prescribed period.
Authoritative Sources & Provenance
Primary Source: NextCaseHQ Internal Legal Knowledge Draft (general legal knowledge, not independently Bare-Act-verified) (NextCaseHQ)
Relevant Legislation
- The Negotiable Instruments Act, 1881
Related Concepts
General legal information for reference only, reviewed for accuracy but not a substitute for advice from a qualified advocate on your specific facts.