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BOUNCED CHEQUE
Employee cleared of bribery charges but still denied back wages; HC ruling explainedA Mumbai employee acquitted of bribery charges was denied full back wages for his suspension period. The Bombay High Court ruled that acqui...- Bounced cheque, debit mandate failure? You could face up to 2 years in jail, know the real cost of payment failuresBounced cheques and failed mandates are more than administrative issues, carrying potential criminal charges and significant financial pena...
- PHDCCI pitches for compulsory suspension of bank drawls in cheque bouncing casesThe chamber also suggested that the bank should make payment of bounced cheque first before making any other payment from the account of th...
- Decriminalising bounced cheques will nullify their sanctity, says CAIT to Fin MinIn a letter to Finance Minister Nirmala Sitharaman, the Confederation of All India Traders (CAIT) said the country's business community has...
- Traders move to Nirmala Sitharaman over 40 lakh pending cases on bounced chequesIn a letter addressed to Finance Minister Nirmala Sitharaman, the Confederation of all India Traders (CAIT), has suggested the formation of...
- Six smart things to know about bounced chequesCheques may be dishonoured by the bank for various reasons and may impact one's credit history and credit score.
- Is it time to change your bank?A recent survey shows that one out of three customers is not happy with his/her bank. Many even want to switch to another bank.
- Recovering cheque-bounce money to get more tediousSC has changed the ground rule under Section 138 of Negotiable Instruments Act to prosecute a person who had presented the cheque which bou...
- What if a cheque bounces? Here's a guide to the legal recourse available to youA cheque can be dishonoured for various reasons, the most common being insufficient funds in the account of the person drawing the cheque.
- AAI to give away Kingfisher Airlines' slots to other carriers if demandedState-run Airports Authority of India decided not to wait till the coming summer schedule for giving the grounded carrier's slots to others.
- Non-bailable warrant issued against Vijay Mallya for bounced chequeA Hyderabad court has ordered the arrest of Vijay Mallya after Kingfisher failed to honour a Rs 10.5-crore a cheque issued to GMR.
- Defaulted on cheques? Your account may be closedThose writing cheques without adequate funds in their account risk having their account blocked, a measure that will further tighten the re...
- HC ruling on bounced cheques rattles tradersThe Bombay High Court judgement that the drawer of a bounced cheque cannot be prosecuted if the instrument was issued only as a security ha...
- Bounced cheque: No case if borrower hasn't issued itWhile accepting a cheque from someone who owes you money, make sure that he himself — or his authorised representative — has signed it.
- Moily plans to fast-track cheque bounce casesFast-track courts will now deal with cases of bounced cheques too, with 38 lakh such cases congesting courts in the country.
- Pyramid Saimira MD arrested over bounced cheque, gets bailMr Saminathan and his wife (who’s also on the board of directors of the company) were arrested on Sunday evening based on a complaint filed...
- Bounced cheques choke courtsThe evening courts launched in Delhi just to deal with cheque bounce cases are the latest sign of how the judiciary , for all its reservati...
- Bounced cheque may derail Onida 'settlement'The settlement between the warring Mirchandani brothers in Mirc Electronics, Gulu and Sonu, has hit a rough patch.Women lap up gizmos
- Decks cleared for speedy disposal of cases for bounced chequesWith the passage of Negotiatable Instruments (Amendment) Bill 2002, the decks are now cleared for expeditious disposal of cases related to ...
- Govt clarifies position on bounced chequesNEW DELHI: The government on Wednesday asserted that the dishonouring of cheques for insufficiency of funds in the account continued to be ...
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