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RKJAYAKUMAR (Advocate)     30 March 2022

Positive pay system (pps) for cheque payment

hi sir,

Cheques for Rs. 5,00,000/- or above are to be registered mandatorily under PPS by the drawer for Cheque payment

if cheque return under PPS, it will attract Sec.138 NI Act?

please suggest me

thanking you all sir

 



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