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For cheque bounce quiry I had got summon from court


08-Mar-2023 (In Banking / Finance Law)
I was given chEque of hdfc bank link road mala west Mumbai branch the party has fill check bounce case at andheri mm court is the jurisdiction is correct or wrong... Plz guide
Answers (1)

Answer #1
808 votes
Dishonor of cheque or cheque bounce occurs when a cheque that is presented in the bank is returned unpaid. It could occur due to insufficient funds in the bank account of the person who issued the cheque or if the signatures on the cheque do not match with the original signature of that person. You can proceed against the person who has issued such a cheque under various provisions of law. The most important and useful provision to consider is Section 138 of The Negotiable Instruments Act. I will help you
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