Скачать или смотреть Recent Legal Updates on Cheque Bounce Laws in India (NI Act, 1881) I Dr. Jinesh Soni Advocate

Recent legal updates in India have strengthened the enforcement of cheque bounce laws under the Negotiable Instruments Act, 1881. Courts now impose stricter penalties, including fines up to twice the cheque amount, interim compensation to the payee, and increased emphasis on imprisonment for habitual offenders. The Supreme Court has issued guidelines for faster disposal of cases, supported by fast-track courts and digital filing. Additionally, the RBI has introduced a near real-time cheque clearing system and made the Positive Pay System (PPS) mandatory for high-value cheques to reduce fraud. These changes aim to ensure accountability, speedy justice, and enhanced banking security.
📞 Contact:
Dr. Jinesh Soni – Advocate
Mobile: 9772946899
Email: [email protected]

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