Beginning on April 1 , 2025, the Government of India has brought some important changes to the Negotiable Instrument Act, restricting rules related to the check bounce cases
Janvi | May 8, 2025 |
Cheque Bounce Rules 2025: Tougher Penalties, Speedy Complaints and Major Updates You Should Know
Beginning on April 1 , 2025, the Government of India has brought some important changes to the Negotiable Instrument Act, restricting rules related to the check bounce cases. These changes were made in order to prevent financial fraud, improve transparency, and secure genuine payees. Below are the complete information of the new rules regarding the cheque bounce
Tougher Punishment for Check Bounce
These new rules aim to make people more responsible with cheques and protect those who receive bad cheques.
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