Скачать или смотреть 🚫 Section 138 NI Act – Cheque Bounce is a Criminal Offence!

🚫 Section 138 NI Act – Cheque Bounce is a Criminal Offence!

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Описание к видео 🚫 Section 138 NI Act – Cheque Bounce is a Criminal Offence!

This video explains Section 138 of the Negotiable Instruments Act, 1881, which deals with the dishonour of cheques due to insufficient funds or exceeding the arranged limit in a bank account.

📌 Key Highlights:

💼 What qualifies as a cheque bounce offence under Section 138

🧾 Conditions required: presentation of cheque, notice to drawer, 15-day payment window

🧑‍⚖️ Punishment: Jail up to 2 years, fine up to twice the cheque amount, or both

⚠️ Cheque must be for a legally enforceable debt

✉️ Mandatory legal notice within 30 days of bank return info

⏳ Time-bound actions are crucial for the complaint to stand

🔍 Whether you're a business owner, borrower, or simply handling financial transactions — understanding your legal rights and duties under this law is essential.

📞 For Legal Assistance or Consultation:
Dr. Jinesh Soni | Defence Lawyer
📧 Email: [email protected]
📱 Phone: 8209803279

🔔 Don’t forget to Like, Comment, and Subscribe for more legal content on Indian law, financial offences, and criminal defence.

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