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With a bounced check, the check is returned to the payee and the transaction does not occur. With an overdraft, the bank pays the check or ACH payment despite your insufficient funds.
A check can bounce because “the check is considered ‘stale’ or ‘stale-dated,’ which refers to the check not being cashed within typically six months,” explains Jacob Dayan, a partner ...
A dishonoured cheque (US spelling: dishonored check) is a cheque that the bank on which it is drawn declines to pay (“honour”). There are a number of reasons why a bank might refuse to honour a cheque, with non-sufficient funds ( NSF ) being the most common, indicating that there are insufficient cleared funds in the account on which the ...
A Fugitive Economic Offender is a legal term in India. It relates to any individual against whom a warrant for arrest in relation to a "scheduled offence" has been issued by any Indian court under the Fugitive Economic Offenders Act. It applies to individuals who either left India to avoid criminal prosecution; or, being abroad, refuses to ...
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On 13 June 2013 Headlines Today, an English news channel and subsidiary of India Today group, revealed that Gujarat Chief Minister Narendra Modi and senior Bharatiya Janata Party (BJP) leader L.K. Advani were among the leaders who were on the hit-list of the alleged terrorists killed in an encounter with Gujarat Police in Ahmedabad on 15 June ...
Fake news and similar false information (misinformation or disinformation [1]) is fostered and spread across India through word of mouth, traditional media and more recently through digital forms of communication such as edited videos, websites, blogs, memes, unverified advertisements and social media propagated rumours.
The ministry also summoned the Indian high commissioner in Dhaka, Pranay Kumar Verma. [12] Chief Adviser Muhammad Yunus called for national unity to counter the "misinformation" of Indian media. [13] Two advisers of the interim government, Nahid Islam and M Sakhawat Hossain, also criticised the Indian government for the incident. [13]