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Dishonour of cheque

July 17, 2010 By LegalSolutions.in

Dishonour of cheque is a considered to be an criminal act under Indian Law, when the return of the cheque by the Bank is due to insufficient funds. It is covered under Negotiable Instrument Act, 1881 and provides for imprisonment upto 2 years and/or … [Continue reading]

Filed Under: Basics, India

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