Legal Advice for Issuing Post-Dated Cheques: Avoiding Cheque Bounce...

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2024-11-06 09:53:13 -

Legal Advice for Issuing Post-Dated Cheques: Avoiding Cheque Bounce Issues

Post-dated cheques are often used in transactions that span a long period, such as loan repayments, installment purchases, or rental agreements. However, issuing post-dated cheques carries potential risks, particularly if the funds are not available when the cheque is due for encashment. In India, a bounced cheque due to insufficient funds or account issues can lead to severe financial and...

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