Cheque Dishonour and Legal Remedies: A Case Analysis of Md. Abul Kaher Shahin vs. Emran Rashid

Abstract

This cheque dishonor explores the social, economic and other implications of the under section 138 of the Negotiable Instrument Act, 1881, this is specifically focusing on section 138. A cheque is widely transferred and usable for commercial transactions, but its exploitation or the abuse damages trust in corporate or financial dealings. Cheque dishonors happen when the bank refuses to honor a cheque due to the insufficient funds and signature doesn’t match the discontinuation of account or the termination of account. This research analyses the legal framework regulating the dishonored cheques, examines the overall historical judgement and discusses the commencement procedures for criminal litigation. It also emphasized the faced by Couts in the handling the issues and estimate the usefulness of current laws in inhabiting misconduct. This research further elaborates reforms to ensure the legal settlement of the transparency in financial transaction.