Critical Study of Dishonour of Cheques Under Negotiable Instruments Act,1881

G S Rao | Last updated: 01 July 2011

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Introduction: Cheques are very convenient instruments which can be issued to settle payments or obligations in a contract or even to give gifts. Section 138 to 142 are incorporated in Negotiable Instruments Act,1881 with a view to encourage the culture of use of cheques and enhancing the credibility of the instrument. The NI Act makes the drawer of cheque liable for penalties in case of dishonour of cheques due to insufficiency of funds or for the reason that it exceeds the arrangeme

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1 Year PLAN

1999

(Excl. of GST ₹359)

BEST VALUE

2 Years PLAN

3499

(Excl. of GST ₹629)

3 Months PLAN

999

(Excl. of GST ₹179)

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About the Author

G S Rao

Deputy General Manager

I am heading Secretarial and Legal department and deisgnated as Deputy General Manager Cum Registrar.

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Critical Study of Dishonour of Cheques Under Negotiable Instruments Act,1881

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