What is the penalty for a cheque bounce case under S/138 of Negotiable Instruments Act?

The penalty for a dishonour of cheque case under Section 138 of N.I. Act is:

  • Imprisonment upto 2 years; or

  • Fine upto twice the amount of cheque value; or

  • Both fine and imprisonment.

It is pertinent that you consult the top cheque bounce advocates in India to escape the punishment.


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Choose from our most consulted lawyers across India and get instant legal advice.