Beware Cheque Issuers: 2 Years Jail In Case Of Cheque Bounce

New Delhi, Nov 22: Today Parliament had passed a bill in which it has been approved that in case of cheque bounce the concerned shall be punished for two years.

However, it already stands ordered that the defaulter had to deposit 20% of the ammount in the court of the ammount for which cheque had been issued.



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