Cheque dishonour NI act 138 ,143 Cheque dishonour NI act 138 ,143

4 years ago

Kya share market me ki cheque se ki gayi investment Cheque dishonour act ya NI act sec 138 ya 143 ke purview ke under aata hai ?

Munish Goyal

Responded 4 years ago

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A.Dear Sir,

Thanks.
Cheque bounce is a criminal offence and covered under negotiable instruments act. Person can get 2 year Punishment and double the amount as fine.

Regards
Munish Goyal Advocate
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Suneel Moudgil

Responded 4 years ago

A.No, because as per NI act cheque should be made in discharge of legal debt
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Kishan Dutt Kalaskar

Responded 4 years ago

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A.Dear Sir,
It depends upon the history of the case please share the details to know whether any benefit was accrued due to that transaction.
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