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1492 terms

Glossary

Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.

Showing 1 term

Section 138 complaint

Regulation & tax
Also called: Cheque dishonour complaint

The criminal proceeding available where a cheque is dishonoured for want of funds, after a written demand and a fifteen-day period in which the drawer may pay.

In plain terms

Pay inside the fifteen days and no offence is made out. Refusing the registered letter does not stop the clock — it removes the fifteen days.

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Indian stock market glossary · Market Vidyalaya