Liability in Case of Bouncing of Cheque – An Analysis of the Negotiable Instruments Act
Written By: Rushil Vaid Vivekananda Institute of Professional Studies Synopsis The Negotiable Instruments Act (NI Act) is a crucial legislation governing commercial transactions involving negotiable instruments like cheques. Under the NI Act, a bounced cheque is considered a serious offense, leading to legal consequences for the issuer. This article aims to provide a comprehensive analysis …
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