Complaint Under Section 138 NI Act

A Complaint Under Section 138 of the Negotiable Instruments Act, often referred to as a legal recourse for dishonored checks, is a vital tool for addressing financial disputes. When a check bounces due to insufficient funds or other reasons, the payee can file a complaint against the drawer, seeking legal redress. Section 138 prescribes a criminal liability for such offenses, and a complaint may lead to legal proceedings, including penalties, fines, or imprisonment. It serves as a means to ensure the sanctity of financial transactions and promotes trust in the realm of commerce by holding parties accountable for their financial obligations.

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