Now, Adani Electricity Mumbai can take you to court if cheque bounces more than once

Mumbai | Tuesday | 26th March, 2019

Summary:

Out of the total 25 lakh consumers, close to 3-4 lakh consumers make their payments through cheque. City locals should be ready to face legal consequences if their cheque paid to Adani Electricity Mumbai Limited (AEML) bounces more than once. In 2018-19 (until December) there have been 38,975 cases of cheque default, while in the last four years, there have been 1,78,706 cases of cheque bounce. The Maharashtra Electricity Regulatory Commission (MERC) has allowed AEML to take legal action against consumers, who default on their cheques. The AEML had applied to the MERC asking them to increase the fine for defaulting cheques from Rs 250 to Rs 750..