Are you aware that bouncing of a cheque is a crime punishable under indian law?

Question

bouncing of a cheque is an offence and there are alot many people who are not aware of this fact

Answer 1

ok

thanx 4 information

Answer 2

yes.....its an offence

Answer 3

Ya its big offence, But many people dosent know the seriesness of this...

Answer 4

This is illegal anywhere in the world.

Answer 5

yes. i know it.

but only if the cheque amount is toooo big, it becomes a serious problem / crime. if the cheque amount is only few hundreds to thousands the bank normally deducts som amount from the bearer of the cheque and from the cheque issuer account also.