Compounding of Offences under Negotiable Instruments Act
Negotiable Instruments Act,1881 under sections 138 to 142 deals with offence and prosecution for dishonour cheques which were brought into force with effect from 1st April 1989 by Section 4 of the Ban...
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Dishonour of Cheque
In usual terms, the non-payment of a cheque for any cause is called a ‘cheque bounce’ or ‘dishonour of cheque’. There can be two main grounds for the dishonour of a cheque .i.e. A technical fa...
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