Section 138 cheque bounce, explained

Section 138 cheque bounce, explained. This short gives you the essentials up front so you can grasp it in a couple of minutes.

The walkthrough below covers the key points, a quick example, and what to watch out for in practice.

The essentials

Here is the core of section 138 cheque bounce, explained, kept short and practical for everyday use.

• Start with the governing provision or source.
• Note the timeline and any limitation that applies.
• Keep your drafting tight and specific.
• Verify against the latest position before relying on it.