Cheque Bounce Lawyers in Chennai

A cheque bounce case is one of the most common offenses troubling the financial world. The check gets bounced due to many reasons. The primary reason is insufficient funds in the account and signature mismatch with the bank records.

Characteristics of a cheque

1. It must specify the bank explicitly
2. The cheque must have the same and clear signature of the drawer
3. It must be in handwritten form
4. It must be for an exact sum of money
5. The cheque should be issued with the exact information, such as the name of the identified person or organization.

Reason for cheque bounced

If the bank account has been closed by the bank or by the account holder.
When there is overwriting on the cheque.
When the signature in the cheque mismatch with the bank signature.
When they have insufficient balance in their account.
When the cheque is issued without the seal/stamp.
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