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legal notice for cheque bounce
11An Indian businessman holding a bounced cheque and legal notice, with a lawyer beside him offering legal advice, symbolizing cheque bounce recovery after recession.
Introduction The economic aftershocks of a recession often lead to widespread payment defaults, especially among small businesses and traders. One common issue that resurfaces during such downturns is the bouncing of cheques due to insufficient funds. But do you know that a bounced cheque is not just a financial setback – it’s a punishable offence...
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