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civil · In Force

Negotiable Instruments Act 1881

Governs cheques, promissory notes, bills of exchange. Section 138 cheque dishonour: criminal liability. 2018 amendment: interim compensation 20%, trial in 6 months.

Amended
2002, 2018
Ministry
Ministry of Finance

Key provisions and changes

  • Section 138 cheque bouncing
  • Interim compensation 20%
  • 6-month trial timeline
  • Appellate court powers
  • Summary trial in Metropolitan areas