Negotiable instruments are one of the more practical ways to transfer money in the business sector and have been utilized for a long time. The growth of the banking industry and the creation of additional branches have made cheques one of the most used negotiating tools. There was always a chance that cheques issued as Negotiable Instruments would be issued with insufficient funds in the account. It was felt that he committed a serious offense when he dishonored the cheque in order to safeguard the cheque's drawee. The Banking Public Financial Institutions and Negotiable Instruments Clause (Amendment) Act of 1988 added Sections 138 to 142 for that reason.