quesremedies related to bouncing of cheques

what is the law for bouncing of cheques and does the activity starts in 2 months ?

  • ansThis is governed under Negotiable Instrument Act,1881. When a cheque is bounced a legal notice has to be given within 15 days and ask them to reply within 15 days and if they fail to do so then within 30 days you can file a complaint under section 138 of negotiable instrument act along with section 141 of the same.

  • Send a legal notice for recovery of dues @ Rs. 1999/- only

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