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What is the procedure to be followed in case of cheque bounce
13-Feb-2023 (In Cheque Bounce Law)
Have a cheque of 5000 rs from a person which is bounced because of insufficient balance. Now advocate demand 4000 rs for applying this matter in court. Is it worth that for 5000 rs I have to pay 4000 rs to an advocate. What is your advice in this matter
After the cheque is bounced you are bound to send the concerned person a legal notice for initiating proceedings under section 138 of Negotiable Instruments Act.
If within 15 days the payment is not made you can register a complaint under section 138 of NI act which is a criminal proceeding. This needs to be filed within 30 days of the completion of 15 days of the notice delivery date.
Alongwith that you can file a recovery suit / summary suit in the concerned civil court simultaneously.
If within 15 days the payment is not made you can register a complaint under section 138 of NI act which is a criminal proceeding. This needs to be filed within 30 days of the completion of 15 days of the notice delivery date.
Alongwith that you can file a recovery suit / summary suit in the concerned civil court simultaneously.
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Adv. Siddhant Sharma
Delhi | 500+ Answers
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you can negotiate with your lawyer, further court will award you the litigation cost. .
Helpful?
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Adv. Ramniranjan Chaturvedi
Bhopal | 200+ Answers
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