A cheque bounce, also known as a dishonored cheque, occurs when a bank refuses to honor a cheque due to insufficient funds or other issues. Reasons for Cheque Bounce: 1. Insufficient funds 2. Signature mismatch 3. Cheque expiration 4. Stop payment instructions 5. Frozen account Legal Implications: 1. Negotiable Instruments Act, 1881 (Section 138) 2....Read More