Setting a precedent, Gujarat high court has ruled that a bank account holder or principal cannot be prosecuted in cases of cheque bounce, if the authorized signatory or the power-of-attorney holder ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Erika Rasure is globally-recognized as a leading consumer economics subject matter expert, ...

Holder can compel issuer to settle amount by filing a civil suit A reader from Dubai asks: Six months ago, I issued a cheque as payment, but the bank returned it due to insufficient funds in my ...