A Bill providing for filing of cheque bounce cases at the place where a cheque is presented for clearance and not the place of issue, was approved by the lok Sabha on Thursday.
The amendments in the Negotiable Instruments Act will have implications for over 18 lakh cheque bounce cases pending in various courts, Minister of State for Finance Jayant Sinha said while piloting the Negotiable Instruments Amendment) Bill 2015 in the House.