Post-Dated Cheques and Dishonour in India: Are You Legally Liable?
Post-dated cheques in India are a common financial instrument in Indian commercial transactions, especially in loan agreements, rent payments, and deferred payment arrangements. While they serve as a convenient tool for ensuring future payments, their misuse or dishonour raises significant legal consequences. The primary legal concern arises when a post-dated cheque is dishonoured upon presentation, […]
