Parliamentary Secretary Edwin Vassallo said yesterday the government was committed to working with the constituted bodies on legislation to solve or prevent problems arising out of the use of payment ...
Dishonoured cheques are a reoccurring problem and are on the rise since the onset of the financial crisis. As a result, there has been a sharp increase in criminal cases and complaints filed with the ...
LAHORE, July 6: A judicial magistrate of Model Town courts on Wednesday remanded a former civil judge, Aftab Asghar, in 14-day physical custody to the Gulberg police for his involvement in a case of ...
BENGALURU: In a cheque bounce case, the Karnataka high court has ruled that trial courts cannot levy fines exceeding twice the dishonoured cheque amount.Justice V Srishananda made the observation ...
During 2024-25, the RBI had added 54.13 metric tonnes of gold. The Reserve Bank of India has introduced real-time clearing of cheques. However, technology integration glitches, inadequate training of ...
Writing a cheque still feels like a simple, routine part of managing money. Whether it is for rent, school fees or a big purchase, most people expect the payment to go through without trouble. But ...
The Central Bank of Nigeria has raised the alarm over the rising incidence of dud cheques with estimates for the numbers processed in the last 12 months totaling N166billion alone, a development, the ...
The Malta Association of Credit Management acknowledges that dishonoured cheques undermine the role of cheques as a reliable means of payment, thus constituting a destabilising factor for the ...