Some Basic Reasons for the Dishonor of Cheques
Cheques are the authentic banking tools that the banks issue to eligible customers. It is good to know and note that all customers with an account in the bank can get a chequebook. The banks consider a few things before providing them with a chequebook. What meant by Dishonor of a Cheque? Well, it is a good question that every cheque user must know! Usually, the customers issue cheques to make payments to the service providers from whom they buy a product or service. They are required to hand over the cheques only after completing all the formalities and signing is property . Remember, the banks do not make the payment if any mistake is seen! The cheques bounce or get rejected if the account is not unable to meet some other technicalities, especially a lack of adequate funds in the account. A cheque bounce lawyers is essential to get rid of such kind of problems. Also Read : Various Ways to Send Legal Notice Divorce to a Husband or a Wife Some Prominent reasons that often result ...