Bounced cheques can lead to legal action under Section 138. You get 15 days to pay after receiving a legal notice. Ignoring a bounced cheque can result in court cases or fines. Did our AI summary help ...
Bank Cheque Tips: Cases of fraud (cyber fraud) related to money are increasing nowadays. Fraudsters are also finding new ways of doing this every day. Fraudsters also cheat customers through cheques.
ECS debits and cut-off timings often trigger unexpected cheque returns Technical errors cause bounces even without balance issues At face value, a cheque bounce seems simple. Insufficient funds, ...