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Cheque Bounce Case? Section 138 Law Explained | Jail or Fine? #shorts
Cheque bounce case? Under Section 138 of the Negotiable Instruments Act, 1881, dishonour of a cheque is a criminal offence in India — punishable with imprisonment up to 2 years, or a fine up to twice the cheque amount, or both. Here's the process every drawer and payee must know: Legal notice must be sent within 30 days of the bank's ...
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