Update Your Knowledge About New Rules for Cheque Bounce in India
Cheques are the legal banking accessories that every bank issues to customers. Customers can use these cheques to make payments to various people or agencies where payment in cash is not safe. They must issue the cheques only after filling up all the necessary fields. Here, they must understand and ensure two things without committing any mistakes. First, they must not commit any mistake in the cheques that may lead to overwriting or mistakes. Making an authentic signature is very much mandatory here. Second, they must ensure that their account must have the amount for which they are issuing the cheque. Bouncing of a Cheque: It is something that cannot ever happen. It is a legal offense and may lead to some legal actions that the customers need to understand. It happens mostly when the cheque gets returned from the bank unpaid due to a lack of adequate balance in the account. That’s why you need a lawyer in Kolkata to get you out of such trouble. New Laws For Bouncing Payment Che...