Legal Question in Banking Law in

same as in the case where the cheque bounces due to insufficient funds or account closed.

if the cheque bounced due to mismatch of the signature, only remedy is to ask the drawer to pay up the amount due on the cheque telling him that solely with a view to cheat the payee , he issued a cheque with a wrong signature. If the drawer does not respond helpfully, you can prosecute him for cheating and also file a suit for recovery of the amount due from him. It cannot be equated to a cheque bounced for insufficient funds.