Cheque Bounce Matters
The very act of paying someone by way of cheque without having enough money in the bank may land the drawer of the cheque in jail. Cheque Bounce occurs when the cheque presented to the bank returns unpaid. There have been various important changes in the way cheques are issued, bounced, and dealt with. As there is an increase in trade and commerce, the use of cheque has also increased and also cheque bouncing disputes. Cheques are a major part of transactions in the country. Cheques are used as a mode of payment for several purposes such as repayment of a loan, payment of salary, business transactions, etc. Issuing a cheque as a mode of payment also secure the proof for the payment and it is one of the most reliable modes of payment for many people. As businesses in India continue to go digital, the sanctity of cheque transactions continues, particularly for small and medium businesses. Cases of dishonour-of-cheques are a growing problem and can adversely impact SME’s and MSME’s growth and sustenance.
In the era of tough legal battles, getting highly qualified, experienced, and personalized lawyers is hard to find. We, the team of Law Offices of Vivek Tanwar Advocate & Associates, currently working on a PAN India project, provide our clients with a wide range of legal services in various. Dedicated help desks are being provided to ensure that the clients placing their faith in our team are provided with regular follow-ups and updates, apart from being assigned with a dedicated relationship manager. Our trained and dedicated team shall get back to you redressing all your concerns and matters. We are commercially viable for the parties. To connect with the best lawyers in Cheque Bounce Matters, you can simply connect with us via a call or you can also drop an email on our official website.