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More than a third of cases pending in Delhi’s courts relate to dishonoured or ‘bounced’ cheques. They clog the system with ...
In simple words, a cheque is an order to a bank to pay a particular sum of money from the account of the issuer of the cheque, written on a specifically printed form. The issuer of the cheque is ...
The SC reversed a decision of the Delhi High Court, and held that under Section 138, the cause of action is linked to the ...
When your check bounces, it means the recipient’s bank didn’t accept your check because you didn’t have enough money in your account. The bank will return the bounced check to the payee — the person ...
In the UAE, it is legally permissible for banks to close a customer’s account if multiple checks are returned due to insufficient funds. All the banks and financial institutions in the UAE are ...
*Refers to the latest 2 years of stltoday.com stories. Cancel anytime. Bounced checks happen. Maybe you got an unexpected delay in receiving your paycheck before you mailed out your rent payment. Or ...