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What is the punishment prescribed under the act for dishonour of a cheque?

April 26, 2017ACT Cheque dishonour prescribed Punishment

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What is the punishment prescribed under the act for dishonour of a cheque?

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The Negotiable Instruments (Amendment and Miscellaneous Provisions) Act, 2002 prescribes imprisonment, which may extend to two years or payment of a fine, which may extend to twice the amount of the cheque or, both for an offence under section 138.