Post-Dated Cheques & Section 138 of the NI Act: What You Must Know
In today’s financial landscape, post-dated cheques (PDCs) have become a routine method for future payments. From paying EMIs and rent to managing business obligations, individuals and companies use PDCs as a gesture of trust and commitment to meet future liabilities. However, legal complications often arise when a post-dated cheque bounces, especially concerning Section 138 of...
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