The person issuing the cheque is called drawer & the one receiving is called payee & the bank who is being directed to pay is known to be drawee. Advocate Vaishali Patil & Associates – Mumbai, reputed Cheque Bounce Case Lawyer in Mumbai is specialized in Cheque Bounce Cases, Has Successfully Fought many cases for Cheque Bouncing as per Indian Law. Cheque bounce offense is culpable/ punishable with a term of imprisonment for up to two years or with a fine that's twice as the amount of the issued cheque that gets bounced or both
Cheque is a proof of payment and any misuse or abuse warrant for strict action, rightly so and here are some reasons why a cheque bounce or dishonoured:
Easy answer is to take immediate legal help and consult the Best Cheque Bounce Cases Lawyer in Mumbai. Long answer, have proper legal agreements between the parties and set up business processes in place to avoid facing such scenario in the future.
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