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F&F cheque bounced


09-Oct-2023 (In Cheque Bounce Law)
The post dated full & final cheque bounced due to "Insufficient money" If I opt for 138NI,how much time/expenses it will take? Pl advice
Answers (1)

Answer #1
664 votes
Dear Sir,

As the cheque has bounced you need to send a legal notice to begin with within stipulated time to the person. then within 30 days of sending the notice you can file a case under section 138 NI act against the person.

time period is not defined but varies from matter to matter. it is somewhere from 3 months to 2 years.

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