What can I do if someone misuse my lost cheque?
What is Section 138 NI act and what if you accidentally lost your check and you don’t register an FIR for that, and someone misused that check and check returned by bank due to check stopping?
Section 138 of the Negotiable Instruments Act is a law in India that penalizes the dishonor of cheques. It is a criminal offense, and the punishment for dishonoring a cheque can be up to two years in prison, or a fine of twice the amount of the cheque, or both.
If you accidentally lose your cheque and you do not register an FIR for it, you may still be liable under Section 138 of the NI Act if someone misuses the cheque and it is returned by the bank due to check stopping.
Contact us for further enquiry.
Related Questions
24x7 Help
If we fall short of your expectation in any way, let us know
Payment Trust
All refunds come with no questions asked guarantee
