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Chcan Cheque bounce case be filed if Cheque already expired?


14-Aug-2023 (In Cheque Bounce Law)
The cheque has bounced thrice. The last time it bounced was jut a day before expiry. Can I send a notice under Section 138 Negiotable Instruments Act as the cheques validity is over. But don't I get a fresh time of one month to follow the legal provisions.
Answers (1)

Answer #1
798 votes
There is a statutory period of 15 days since the day the legal notice for cheque bounce is received by the defaulting party, to revert or take any necessary action.

In case there is no revert or action by the defaulting party, the aggreaved party should file a criminal case of cheque bounce under Sec 138 NI within 30 days of the close of 15 days since the notice was received by the defaulting party (within 45 days of receipt of legal notice by the defaulting party)

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