Dishonour of Cheque - Introduction - Legal Assistance, Lawyers in India Law Firm

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Home > Employment, Criminal and Labour > Dishonour of Cheque

Introduction

Where any cheque drawn by a person for the discharge of a liability is returned by the bank unpaid, either because of the amount of money standing to the credit of that account is insufficient to honour the cheque or;
That it exceeds the amount arranged to be paid from that account by an agreement made with that bank

Such person cheque shall be deemed to have committed an offence and shall be punishable 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.

Introduction

What Constitutes An Offence

Offences By Companies

Presentation of Cheque Any Number of Times

Effect of Stop Payment

Notice In Case of Dishonour

Period of Payment

Remedies

Filing of A Complaint

Format

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