Cheque dishonour (489-F PPC)
چیک ڈس آنر (489-F)
Criminal
Cheque dishonour (489-F PPC) is the criminal offence under section 489-F of dishonestly issuing a cheque, towards repayment of a loan or fulfilment of an obligation, that is dishonoured on presentation.
What does Cheque dishonour (489-F PPC) mean in plain words?
If a cheque given to repay a loan or fulfil an obligation bounces, the person who issued it can be punished with up to three years in prison, a fine, or both. The issuer can escape only by proving he had arranged with his bank for the cheque to be honoured and the bank was at fault. The person in whose favour the cheque was issued can settle the offence by compromise.
When will I hear Cheque dishonour (489-F PPC)?
A 489-F case was started after his cheque of Rs 5 million was returned unpaid.
Which law covers Cheque dishonour (489-F PPC)?
Section 489-F, Pakistan Penal Code 1860; Section 345(1), Code of Criminal Procedure 1898