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Negotiable Instruments Act

NI Act

Cheque bounce (Sec 138), promissory notes

2 Minor18 Info
🔒 3 Non-Bailable🔓 2 Bailable⚡ 4 Cognizable
✨ Section of the Day
§ 117
Non BailableCognizable
Cheque Dishonour Penalties
If your cheque bounces (isn't honored by the bank), you can face jail time or a fine. The punishment depends on the amount of the cheque and the judge's decision.
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Definitions
§ 2
Promissory Note & Bill of Exchange: Definition
§ 3
Promissory Note Definition
§ 4
Search
§ 5
Search
§ 7
Search
§ 9
Inchoate stamped instruments
§ 20
Search
§ 27
Dishonour of Cheque
§ 80
Effect of material alteration
§ 87
Cheque Dishonour Penalties
§ 117
Presumptions as to Negotiable Instruments
§ 118
Dishonour of Cheque
§ 138
Presumption of Dishonour
§ 139
Offences by companies
§ 141
Offences to be tried by Metropolitan Magistrate
§ 142
Power of Court to try cases summarily
§ 143
Evidence of Electronic Records
§ 145
Search
§ 146
Offences to be Compoundable
§ 147

Related Acts

🔫
Arms Act20 sections
⚔️
BNS5 sections
📋
BNSS20 sections
📝
BSA20 sections