Section 138 Demystified/ Best law firm in Coimbatore/ Best advocates in Coimbatore/Best law service in Coimbatore/ Best legal consultation in Coimbatore/ Best legal services in Coimbatore/ Best lawyers in Coimbatore/ Online legal consultation. Section 138 of the Negotiable Instruments Act, 1881, deals with the offense of dishonor of a cheque due to insufficient funds in the account or other reasons. It is essential for business owners to be aware of the key facts related to Section 138 to ensure compliance and protect their interests. Here are some important aspects covered by this act; → Cheque Bounce Offense → Legal Consequences → Notice Requirement → Opportunity to Rectify → Criminal Liability → Jurisdiction → Evidence → Compounding → Civil Remedy → Statutory Defenses It is crucial for business owners to exercise caution while issuing cheques and ensure sufficient funds are in their accounts. In case of a cheque bounce, understanding the legal provisions under Section 138 and seeking legal advice can help navigate the legal process effectively. This can minimize potential liabilities. At Saanvika Legal Associate, other law cases like business law, financial law, insurance law, environment law, consumer law, property law, banking, tax, cyber, labor, constitutional, legal registration, litigations, criminal, family law, and so on are provided. All kinds of Law services are offered by experienced lawyers that result in the success of your cases in every way possible.