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Cheque bounce case after the expiration
15-Jun-2023 (In Cheque Bounce Law)
Hello,i issued a cheque to a furniture company amounting 6k dated January and the cheque was bounced as there were no funds but then i paid them the whole amount with cheque bounce charge in cash and he delayed the date to return back my cheque,now after 6months (from the issued date) that company is giving threats to go legally quoting that i have not paid them the amount, the cheque has expired 3months after the issued date can they take a legal action.??!
Hi,
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).
Above mentioned is law. As per this, you have made payment. Also there time period to file case has been expired. there are not in position to take legal action any which way.
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).
Above mentioned is law. As per this, you have made payment. Also there time period to file case has been expired. there are not in position to take legal action any which way.
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Adv. Siddhant Sharma
Delhi | 500+ Answers
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