DelhiDesk This article discusses the precautions one should take while making check payments to avoid bouncing a check. Bouncing a check is considered a crime in India and is registered under Section 138 of the Negotiable Instruments Act, 1881. The punishment for check bounce can include up to two years of imprisonment, a fine under Section 357 of the Indian Penal Code, or both. However, check bounce is a bailable offense, and one can appeal on conviction and have their sentence suspended until the case is pending. It is crucial to be aware of the legal provisions in case of check bounce to avoid any trouble.
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👉 Check payment is one of the ways to make payment.
👉 It is important to take precautions while making check payment to avoid trouble.
👉 Check should not bounce while making payment.
👉 Bouncing a check is considered a crime in India.
👉 A check bounce case is registered under section 138 of the Negotiable Instruments Act, 1881.
👉 Punishment is pronounced by courts in check bounce cases.
👉 Maximum sentence of 2 years can be sentenced under section 138 of the Act.
👉 There can be a jail term of 6 months or even up to 1 year in general.
👉 Fine can be imposed under section 357 of the Indian Penal Code (IPC) for the cheque.
👉 Check bounce is a bailable offence and appeal can be made on conviction.
👉 Sentence can be suspended by applying to the trial court under section 389(3) of the IPC.
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