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What legal action can be taken against cheque bounce?
28-Jun-2023 (In Cheque Bounce Law)
Hi As i work for a firm and there are many customer whos chq bounce , so what is the procedure to log a complaint
First of all send a demand notice through an advocate within 30 days of the day the cheque bounced asking for payment within 15 days. If payment doesn't comes forth in that case within 30 days of the day the opposite party received the notice a criminal case can be filed.
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Adv. Sunita Bafna
Mumbai | 100+ Answers
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There is special law regarding cheque bounce cases
As per law we have to send notice to opposite party in prescribe form and asking him about legal debt and liability.
Then afterwards completion of 15days of statutary period we can file criminal complaint against him for repayment our cheque amount and compensation.
As per law we have to send notice to opposite party in prescribe form and asking him about legal debt and liability.
Then afterwards completion of 15days of statutary period we can file criminal complaint against him for repayment our cheque amount and compensation.
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Adv. Anis Momin
Pune | 200+ Answers
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You have to issue a notice through an advocate within 30 days from the date of cheque bounce. If the person does not pay the cheque amount within 15 days from receiving the said demand notice then you have to file a complaint under section 138 of Negotiable Instruments Act 1881 to recover the cheque amount. I can guide and issue notice in your firms behalf and file a complaint to recover the cheque amount. Kindly book a consultancy call for further discussion.
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