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insufficiency of funds

    0.01 sec.
See: bankruptcy, failure


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Since dishonouring of a cheque due to insufficiency of funds entails consequences under section 489-F of the Pakistan Penal Code, incorrect, incomplete or misleading reasons recorded by banks can be used by unscrupulous elements against innocent accountholders.
Since dishonouring of a cheque due to insufficiency of funds entails consequences under section 489-F of the Pakistan Penal Code, incorrect, incomplete or misleading reasons recorded by banks can be used by unscrupulous elements against innocent accountholders.
The Company does not currently know what actions might be taken or claims might be made by either the Noteholders or the Company with respect to an event of default or any insufficiency of funds to pay costs associated with the Securitized Notes.
 
 
 
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