Cheque Bounce has become one of the most widely litigated matters before the Indian courts over the last few years. The Supreme Court of India has intervened for expeditious and simple disposal of lakhs of cases pending under Section 138 of the Negotiable Instruments Act, 1881, arising from dishonour of cheques. The apex court has laid down important guidelines to hasten disposal, curb misuse of legal machinery, and benefit both the drawer and payee.