Navigating the complexities of legal matters can be daunting, especially when dealing with issues related to the Negotiable Instruments Act, 1881 (NI Act). Section 138 of the NI Act specifically addresses the offense of cheque dishonor, which can have serious legal implications. If you find yourself involved in such a case, it is crucial to seek expert legal assistance. Kumar & Associates is renowned for providing top-notch legal services, and their team includes some of the best 138 NI Act lawyers in the field. Section 138 of the NI Act pertains to the dishonor of cheques due to insufficient funds or if the amount exceeds the arrangement made with the bank. This section provides a legal framework to protect the rights of the payee and penalize the drawer in cases of cheque bounce. The consequences of a dishonored cheque can be severe, including criminal charges, fines, and imprisonment. Therefore, having an experienced lawyer to navigate these complexities is essential.
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