Cheque Bounce Cases

A cheque is said to be dishonoured or bounced associated to it is presented for payment to a bank but it is not paid because of some excuse or the relationship.

A cheque is said to be dishonoured or bounced associated to it is presented for payment to a bank but it is not paid because of some excuse or the relationship.

The subsequent to can be the reasons for bouncing of a cheque in India:

 

  1. Signature is not matching
  2. There is overwriting in the cheque
  3. Cheque was presented after lapse of six months, i.e. after the cheque has expired
  4. Account was closed
  5. Insufficient funds in the account
  6. Payment stopped by the account holder
  7. Opening bank account insufficient
  8. Disparity in the words and figures mentioned concerning the cheque
  9. In warfare the cheque is issued by a company, the same does not bear the seal of the company
  10. Mismatch in account number
  11. In lawsuit of joint account where both signatures are required, single-handedly one sign is there
  12. Death of the customer
  13. Insolvency of the customer
  14. Insanity of the customer
  15. On the order of the garnishee
  16. Crossed cheque
  17. When a cheque is issued adjacent the rules of trust
  18. Alteration in cheque
  19. Doubt in genuineness of the cheque
  20. Presented at the muddled branch
  21. Crossing limit of overdraft (OD)

 

Cheque bouncing is a criminal offence in India. The as well as than tips and steps will have enough keep for as a useful lead for cases of cheque bouncing as per the provisions of the Negotiable Instruments Act:

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