Nepal, May 19 -- The government has empowered police with full authority to investigate and prosecute cheque bounce cases. Under the new law the government implemented last week, police must take cheque bounce cases to court within six months of registering a complaint. The law gives the police full authority to investigate and prosecute these offenses. Accordingly, they must complete their investigation and file the case in court within the six-month deadline.
The government has amended the Banking Offenses and Punishment Act, 2064 (2008), introducing a new provision that defines punishments for cheque bounce offenses based on the amount of financial loss. Under the revised law, courts will impose up to one month of imprisonment for los...
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