DISHONOUR OF CHEQUES (LIABILITY-CIVIL & CRIMINAL)

Since its fourth edition in the year 2001, the culture of use of cheque and credibility of such instrument were in increasing trend. There came need for government to amend and modify the provisions dealing with sections 138 to 142 in Chapter XVII of the Negotiable Instruments Act of 1881. These provisions were insufficient to deal with the dishonour of cheques in the present day complications of transactions and technological developments.In the light of above facts and developments this Fifth Edition has been updated and improved accordingly. The Chapters on Dishonour of Cheques, Rightful Dishonour, Offences and Prosecutions under Indian Penal Code, Summary Suits, Wrongful Dishonour, Statutory presumptions, Cognizability of Offence, offence by complaint and procedure under Negotiable Instruments Act have been thoroughly revised and improved with the amending provisions in the Act and up-to-date case laws. The synopsis have been prepared as per their consecutive requirements and easy access.