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 ...
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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 ...
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 ...
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Cheque Bounce Laws Get Tougher from April 2025: Up to 2 Years Jail, Double Penalty Under New Rules
Starting April 1, 2025, the Indian government has implemented significant changes to cheque bounce laws, aiming to curb financial fraud and ensure better protection for rightful recipients. With ...
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