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Section 138 NI Act (Cheque Bounce)
धारा 138 एनआई अधिनियम (चेक बाउंस)
Meaning
Section 138 makes dishonour of a cheque for insufficient funds a criminal offence. You must send a demand notice within 30 days of the bank's return memo, then file within the limit.
Governing law: Section 138, Negotiable Instruments Act, 1881
Related
Facing this in a real case?
Talk to Advocate Onkar Pandey, Allahabad High Court, Lucknow Bench.