Ministry of Finance

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Section 138 of Negotiable Instruments Act to be decriminalised or not?

Section 138 of the Negotiable Instruments Act concerns itself with dishonouring of a cheque due to insufficiency of funds in the account, the same is punishable by imprisonment, which can be extended to two years, or with a fine that shall be twice the amount mentioned on the cheque, or both. On 8th of June […]

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