Questions Legal

What is the punishment for Cheque bounce case?

Airtract

HEMANT AGARWAL

Legal Consultants

1.  N.I.Act prescribes maximum of  "double the bounced cheque amount"  .OR.  Two years simple imprisonment.  In some cases Court levies Fine of 5000/- and one days imprisonment (till rising of court).

2.  The above also depends on the discretion of the Court and the arguments /documentary evidences /Witnesses, of the defense counsel. 

Keep Smiling .... Hemant Agarwal

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