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Banking: If you do not correct this mistake even after the cheque bounces, then strict action can be taken, know the rules..

Check Bounce Tips: In our country, people of every class take the help of banks to deposit future capital and for financial ...
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Cheque Bounce: What does the law say if a check bounces and you are jailed for 2 years?

We often mistake a cheque bounce or an auto-debit (mandate) failure for a minor mistake, but the consequences can be quite serious. According to the law, if a check bounces and the other party sends a ...