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Cheque Bounce Procedure, Blank Cheque, 138 NI Act
Cheque Bounce Procedure, Blank Cheque, Notice 138 NI Act section 138 of negotiable instrument act negotiable instrument act 1881 supreme court on cheque dishonour cheque bounce legal notice format
Many times we have to give our check for some purpose (sometimes only signed). Sometimes our check is lost. In both such situations, the check of our bank account may be misused.
In this video, some such situations have been discussed.
1. If the check is issued as security;
2. If the check is placed in trust for any purpose;
3. If only a signed check is given in lieu of an amount and the arbitrary amount has been filled;
4. If the signed check is lost;
5. If empty check is lost.
In cases of check dishonor, the presumption of the court is against the person who issued the check, but by taking the precautions stated in this video, a person can win a check dishonor case against him.
If you have received a check as payment and it is dishonoured then what should we do, on this topic, a separate video has been made by us, the link is given below
• First thing to do on Check Dishonour7
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