What are the key requirements for a bounced cheque case under Section 489(f) in India? What is the bank’s role in such situations?
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Under Section 489(f) of the Indian Penal Code, a bounced cheque case requires proof that the cheque was presented within six months of its issuance, it was dishonored due to insufficient funds, and the drawer had the intent to deceive the payee. The bank’s role is to confirm the dishonor by issuing a ‘return memo’ stating the reason for the bounce.
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