From Promise to Penalty: The Legal Realities of Cheque Bounce Cases under Section 138
Cheques have long been regarded as a symbol of trust and credibility in financial transactions. However, when a cheque is dishonoured due to insufficient funds or other reasons, it not only disrupts business dealings but also erodes confidence in the banking system. To address this, Section 138 of the Negotiable Instruments Act, 1881 was enacted, […]