Negotiable Instrument Cases: Challenges and Solutions for Bangladeshi MFIs
Hasibul Hasan: Microfinance Institutions (MFIs) in Bangladesh play a crucial role in financial inclusion, often using post-dated checks as collateral for loans. However, dishonor of these checks presents major legal and financial challenges. Under the Negotiable Instruments Act, 1881, check dishonor is a criminal offense in Bangladesh, similar to laws in India and Pakistan. Despite […]