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Cheque bounce due to insufficient fund. And not paying money
13-Feb-2023 (In Cheque Bounce Law)
I have booked a shop when developer was planing to make a construction and he took the 2 years to do the rera registration and he was not able to do it so I cancelled the booking and he gave me a cheque of 6 cheque of total amount of 6 lakhs in return and cheque has been bounse and he not giving me the money what action do I need to take.
you need to immediately initiate a criminal and /or civil proceedings for recovery of the said amount before the court along with a proceeding under RERA. lapse of time will gradually weaken your entire case and you will end up not getting your money
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Adv. Sudarshan Desai
Pune | 400+ Answers
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You have to issue legal notice within the 30 days from the date when you received memo. Once party will receive notice you have to wait for 15 days and from 16th day to next 30 days you have to file the complaint in court.
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Adv. Manoj Mulchandani
Nashik | 700+ Answers
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the limitation for filling a cheque bounce case is 30 days from knowledge of dishonor of cheque. a complaint for cheque bounce need be filled within 45 days from knowledge of dishonor. In addition you may initiate civil course of action against him seeking recovery of money or specific performance depending on your case. for further assistance please contact me.
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Adv. Akshay Shinde
Pune | 25+ Answers
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