Be Alert..! cheque bounce & cheque fraud..!?

Recently, the supreme court ordered the formation of special courts to try cases of bounced cheques and cheque fraud cases. According to this, the supreme court had planned to set up special courts in the states of delhi, Gujarat, Uttar Pradesh, and rajasthan in the first phase. The cases of cheque bounce and cheque fraud are increasing day by day. So the supreme court has decided to take immediate action. Even though banks have taken various measures to prevent fraud, the frauds continue. The court heard the case in the supreme court and ordered the formation of special courts of retired judges in five states from september 1 to expeditiously dispose of cheque bounce cases.
Especially in 5 states namely Maharashtra, delhi, Gujarat, Uttar Pradesh, and rajasthan where there are a lot of cases, the supreme court bench consisting of Justices Nageshwara Rao, Justice BR Kawai, and Justice S. ravindra Bhatt had suggested last May that special courts would be set up there. It was said that the work for this special court will start after september 1. Further, the supreme court had directed the Registrar General of the High Courts of the 5 states to convey the court's order. The supreme court observed that even if one person's cheque is filled by another, you are responsible for it. Live Law reported that a two-judge bench comprising Justice DOI Chandrachud and AS Bopanna observed this while allowing the appeal in the check bounce case.In the case, the accused admitted that he issued the signed cheque to the payee. And are the details filled in the cheque correct? The delhi High court has given permission to use an expert to ascertain whose signature it is. Further, the supreme court has said that the drawer who signs the cheque and gives it to the payee is liable if it is given to pay a debt or to fulfill an obligation given. But the particulars on the cheque are not filled by the drawer but by someone else, rather than what the cheque was issued for. It is noteworthy that the court has also taken note of whether the grant was made for payment of a debt or any other reason. In general, even if the cheque is bounced intentionally by fraud, it is no longer a problem. Cheaters who buy money and give checks can also get into trouble.
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cheque fraud

Sowmiya Sriram

01/09/2022 12:33 PM