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Vitamin D is well known as a hormone involved in mineral metabolism and bone growth Its most dramatic effect is to facilitate intestinal absorption of calcium ,

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Ethionamide is an antibiotic.

Main usage of Adenomac 400 Tablet is for Treatment of Liver disease.

Adenomac 400 Tablet

Intrahepatic cholestasis is a type of liver disease that is associated with low bile formation. Adenomac 400 Tablet is used to treat this condition and may be used alone or with other medicines. It protects the liver cells from toxins and helps the liver to perform its normal functions. Once you start this treatment, it is likely that you will be taking it for a long time. To make the medicine more effective and for general health benefits, stop smoking, maintain a healthy weight, and do not drink too much alcohol.

Cheques are one of the most convenient and widely used negotiable instruments used for transferring money from one account to another. However, in reality, the process is not as simple as it is depicted to be. The cheque that is deposited does not always get encashed. There are various reasons behind this such as the expiry of the cheque or insufficiency of funds. Under such circumstances, it is said that the cheque is dishonored or bounced. This results in dire consequences such as fines and penalties being imposed or even might result in imprisonment on the issuer.

A cheque is a written instrument wherein a commitment is made by the payer for a specific amount of money. When the bank does not transfer the requested amount from the payer’s account to the payee for some reason, the cheque is said to have bounced or dishonored. When a cheque is dishonored, the most natural cause of action that would arise is, the banks levying charges for the same.

A cheque may be returned for a variety of reasons as stated previously, the prevalent one being, the insufficiency of funds. There could also be other “light-weighted” reasons such as the signature on the cheque not matching the account holder’s signature or the numbers in the figure varying from the number written in words, erroneous account number, issuing disfigured or damaged cheques, etc.

In the case of insufficiency of funds, not only the defaulter but also the payee is penalized with the cheque return charges. This fee is called the NSF fee or Non-Sufficient Fund fee and is levied when the bank decides to dishonor the cheque. Banks are put to additional work when a cheque bounces and it is for this reason that both the cheque issuer (drawer) and the payee (one in whose favor the cheque is drawn) are penalized for such returned cheques. The drawee bank (where the drawer has an account) charges the drawer for the outward return cheque and the presenting bank where the cheque was deposited by the payee (where the payee has account) charges the payee for the inward return cheque.  These charges thus inflicted vary across the banks and are dependent on the reasons and nature of the cheque bounce along with the type of account. It is important to note that these charges also attract GST.

The charges can be higher in premium accounts. Some banks have higher penalty charges for exceeding a certain number of misses in a period. The charges for the lack of sufficient funds in the account are applicable on payment through electronic funds transfer as well. A few banks do charge a small fee on cheques drawn on them if they are returned for technical reasons other than system or power failure. Others may not charge for cheques returned due to technical reasons.

The cheque returns charges for some of the banks have been depicted below. The charges can be found by visiting the official website of the banks.

When an individual is on the receiving end of the bounced cheque, legal measures can be taken for recovering the dues. However, cheques that are deposited for the purposes of gifting cannot be contested.

When a cheque bounce ensues, the financial credit history of the issuer gets hit. Further, a single incident of cheque bounce is enough to affect one’s CIBIL (Credit Information Bureau India Limited) score, which is a numeric representation of one’s credit history. Shockingly, even the loans of the individual can get rejected. Therefore, to hold the position of the CIBIL score one needs to ensure that the cheques are never defiled and that the account possesses enough balance.

RBI (Reserve Bank of India) has also instructed the banks to lay a constraint on the issuance of cheques to customers who recurrently sign checks without sufficient balance in their account. In circumstances wherein a customer has opted for a loan in the bank and the EMI cheque bounces, the bank has the right to forward a legal notice to the defaulter and even deduct money from the defaulter’s active account.