The Malta Association of Credit Management acknowledges that dishonoured cheques undermine the role of cheques as a reliable means of payment, thus constituting a destabilising factor for the ...
Dishonoured cheques are a reoccurring problem and are on the rise since the onset of the financial crisis. As a result, there has been a sharp increase in criminal cases and complaints filed with the ...
Abu Dhabi: Dishonoured security cheques can no longer be used to arrest defaulters and convict them, in keeping with a decree by the President His Highness Shaikh Khalifa Bin Zayed Al Nahyan, a senior ...
A bounced cheque may seem like a minor slip, but it can quickly trigger penalties, credit damage and even legal complications ...
A seminar on 'Dishonoured Cheques and Remedies under Sections 489-F PPC & 20 of Financial Institutions (Recovery) Ordinance, 2001', held in Karachi on November 18, under the auspices of Pakistan ...
The Karnataka High Court has ruled that individuals who issue cheques cannot avoid prosecution by claiming that a complaint was filed prematurely before the 15-day statutory period under Section 138(c ...
Section 489-F P.P.C., which has been inserted in the Pakistan Criminal Code, 1860 (PPC) pertaining to the action of dishonoured cheques as a criminal offence by virtue of Presidential Criminal ...
The article in the business supplement (May 8) makes interesting reading. With due respect to the Malta Association of Credit Management and its legal adviser, I see no point in introducing new ...
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Rajpal Yadav cheque bounce case: Laws, penalties, jail rules and borrower rights explained
The recent conviction of Bollywood actor Rajpal Yadav in a cheque bounce case has brought renewed attention to India’s ...
A Dhaka court on Sunday issued an arrest warrant against Bangladesh's renowned all-rounder and politician, Shakib Al Hasan, in connection with a dishonoured cheque case involving IFIC Bank. The arrest ...
The Pakistan Penal Code, 1860, addresses the issue of dishonoured cheques, a crime that has become rampant. Consequently, the payee often files an FIR against the issuer. Legally and commonly, a ...
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