Cheque Bounce Alert! New 2026 Law Means ₹10,000 Fine or Possible 2-Year Sentence!
In 2026, significant updates to cheque bounce (dishonoured cheque) penalties have grabbed public attention. Under the latest rules, individuals who issue cheques that are dishonoured due to insufficient funds or other reasons may face strict consequences. Reports mention fines of up to ₹10,000 and possible imprisonment for up to 2 years. Knowing the updated legal … Read more