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Section 138: Dishonour of cheque for insufficiency of funds, etc. 1. Dishonour of a cheque: A person commits an offense under this section if a cheque drawn by him on an account maintained by him with a banker is dishonoured due to the insufficiency of funds or if it exceeds the amount arranged to be paid by the drawer’s account. 2. Notice: When a cheque is dishonoured, the payee or holder in due course of the cheque must issue a demand notice to the drawer within 30 days from the receipt of inf
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