The Maharashtra State Electricity Distribution Company Ltd (MSEDCL) is reporting at least four cases of bounced cheques every day in the Chhatrapati Sambhajinagar zone. As the recovery drive ...
The Delhi State Consumer Disputes Redressal Commission has directed State Bank of India (SBI) to pay Rs 1.7 lakh to a consumer after finding that the bank had wrongly levied ECS (Electronic Clearing ...
In simple words, a cheque is an order to a bank to pay a particular sum of money from the account of the issuer of the cheque, written on a specifically printed form. The issuer of the cheque is ...