In simple words, a cheque is an order to a bank to pay a particular sum of money from the account of the issuer of the cheque, written on a specifically printed form. The issuer of the cheque is ...
The law related to cheque bounce has undergone a change in recent times in the UAE. The law on cheque bounce in the UAE is codified in the Federal Law No 18 of 1993 concerning commercial transactions ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
Ryanair has apologised after sending cheques that bounced to passengers who were owed flight delay compensation. The budget airline said "less than 190 cheques" processed in July had been issued ...
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Cheque Bounce New Rules 2025: Stricter Penalties, Online Complaints & Uniform Action Across Banks
If you use cheques for financial transactions, it’s crucial to stay updated on the new rules regarding cheque bounce cases, which came into effect from April 1, 2025. In response to the rising number ...
Delhi has emerged as the ‘cheque-bounce capital’ of India, with over 5.55 lakh cases pending in trial courts under Section 138 of the Negotiable Instruments Act (NI Act). According to court statistics ...
It is mandatory that the demand in the statutory notice must be the very amount mentioned in the cheque, says the apex court ...
The Special Judicial Committee created to deal with bounced cheques in real estate transactions in Dubai has allowed criminal proceedings to be opened in one case. While the case did not actually ...
The Kerala High Court said that trial took place in 2013 four years after transaction and natural lack of memory power after such long interval is not valid reason to disbelieve witness regarding the ...
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