WHAT WILL BE THE PUNISHMENT FOR DISHONOUR OF CHEQUES.
DHIRENKUMAR (advocate and tax consultant) 04 January 2010
WHAT WILL BE THE PUNISHMENT FOR DISHONOUR OF CHEQUES.
Raj Kumar Makkad (Adv P & H High Court Chandigarh) 04 January 2010
It depends upon the court. It may punish for a one year or with fine (which may evne go equavalent to the amount of cheque) or with both.
sunil pagare (lawyer) 04 January 2010
simple imprisionment for one year or with fine which may extend tothe double of cheque amount or both.
shreyashkumarbhatt (advocate) 05 January 2010
even under section 357 cr.p.c additional compansation may be avarded to complainant for the procecution expenses