Cheque Bouncing

When a cheque bounces, the recipient of the cheque does not receive the intended payment, and the issuer of the cheque may be subject to penalties and legal consequences.

In most countries, including India, cheque bouncing is considered a criminal offense under the Negotiable Instruments Act, and legal action can be taken against the issuer of the bounced cheque. The penalties for cheque bouncing can include fines, imprisonment, or both, depending on the severity of the offense.