Bouncing of cheques

Govt to bring in Ordinance to amend Negotiable Instruments Act

The Cabinet on Wednesday decided to bring in an ordinance to amend the Negotiable Instruments Act, which provides for filing of cheque bounce cases in place where the cheque was issued, a move that will benefit 18 lakh people.

Jun 10, 2015, 14:52 PM IST

Govt may bring ordinance to amend Negotiable Instruments Act

To check piling up of cheque bounce cases in courts, the government is mulling an ordinance to amend the Negotiable Instruments Act, which provides for filing of such cases in place where the cheque is presented.

Jun 04, 2015, 15:58 PM IST