🚨 One bounced cheque. Two years in jail.

From April 1, 2025, India’s cheque bounce laws have become far stricter—and the risks for businesses are real. Here’s what every CEO, CFO, and Director must know: ✅ Jail term: Intentional cheque bounce → up to 2 years (earlier 1 year). ✅ Fines: Now up to twice the cheque amount. ✅ Digital complaints: 3 months to file online (earlier 1 month). ✅ Bank alerts: Must notify within 24 hours & report repeat offenders to RBI. ✅ Legal notices: Email/WhatsApp now valid service. ✅ 3 bounces = Temporary account freeze. ✅ Resolution timeline: Many cases closed in under 6 months. 💡 The message is clear: Cheque defaults are no longer “business delays”—they are compliance and criminal risks. If your company still relies on high-value cheques, this is the time to: 🔹 Review your payment protocols 🔹 Track post-dated cheques closely 🔹 Train your finance team on compliance ⚖ Don’t wait for a cheque to bounce. Review your practices today—before the law reviews you tomorrow