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Banks In Singapore To Start Charging Customers By November For Issuing Singdollar Cheques
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ONCE UPON A TIME; Part 3…the relevance of history in risk management
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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.
New Cheque Payment Rule to be effective from January 1: Know what is RBI s Positive Pay System & Other Details
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