Cheque Bounce Cases Under Section 138 of the NI Act: Complete Legal Guide
Cheque bounce cases have become one of the most common financial disputes in India, affecting both individuals and businesses. Governed by Section 138 of the Negotiable Instruments Act, 1881 (NI Act), dishonoured cheques are treated as a criminal offence, attracting fines and imprisonment. Recently, the Rajpal Yadav cheque bounce case has drawn nationwide attention, highlighting how strictly courts enforce Section 138. The case underscores the importance of understanding timelines, legal procedures, and the serious consequences of default. The Delhi Legal offers expert legal services in handling cheque bounce cases, ensuring clients navigate these matters efficiently while protecting their financial and legal interests. Understanding Cheque Bounce Cases A cheque bounce occurs when a cheque issued to repay a debt is dishonoured by the bank. Section 138 converts this civil default into…