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FAQs on Section 138 of NI Act: What happens once your cheque is dishonoured?
Times of India
September 25, 2026
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Bouncing a cheque can transform into a criminal offence under the Negotiable Instruments Act, creating legal repercussions. The cheque must be issued for a lawful debt and returned unpaid due to insufficient funds. After dishonour, the payee has 30 days to issue a notice, and the drawer has 15 days
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