Justice L. Nageswara Rao, Justice BR Gavai and Justice S Ravindra Bhat said that in view of the large number of pending cases in Maharashtra, Delhi, Gujarat, Uttar Pradesh and Rajasthan, , supreme court, cheque bounce
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Cheque rule change: Your cheque will bounce if you will not follow THIS rule mandated by RBI - To tackle the increase in cases of bank fraud in the nation, the Reserve Bank of India (RBI) introduced the Positive Pay System
रिजर्व बैंक ने जनवरी में पॉजिटिव पे सिस्टम को लागू किया किया था, ताकि चेक आधारित ट्रांजेक्शन को पहले से ज्यादा सुरक्षित बनाया जा सके. | RBI new rule: अगर आप किसी को चेक के जरिए पेमेंट करने जा रहे हैं, तो जरा सतर्क रहें और सावधानी पूर्वक चेक काटें. चेक काटने से पहले आप अपने बैंक अकाउंट को चेक कर लें कि उसमें फंड है या नहीं. आपके अकाउंट में बैलेंस नहीं होने की स्थिति में अगर आपका काटा हुआ चेक बाउंस
Cheque-bounce cases need to be settled fast
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Allowing courts to make summary convictions and discouraging the use of cheques can help reduce the huge pile-up of cases
The Supreme Court recently came out with a slew of directions to ensure speedy disposal of cheque-bounce cases. The court referred to a recent study that revealed more than 35 lakh cheque-bounce cases are pending, constituting more than 15 per cent of the total criminal cases pending in district courts.
The issue of prolonged litigation with respect to dishonoured cheques came to the court’s notice when it was hearing a case dating back to 2005 recently.