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Cheque bounced due to insufficient funds


09-Oct-2023 (In Cheque Bounce Law)
I have got a check from a local bank from a payee. When I presented it to my bank account ( different bank ) it bounced . Insufficient funds . Will my bank represent it within 24 hours / what are my options?
Answers (3)

Answer #1
745 votes
Get the report from bank pertains to insufficient balance. Issue legal notice immidiatly through the Advocate.wait for stipulated days for payment. If no payment file the case in JMFC court u/s 138 of NIA.
Answer #2
879 votes
serve upon him a legal notice. then even after that if he does not pay then register an fir and initiate a case against him in court.

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Answer #3
766 votes
To give opinion, it is necessary to know when the bank dishonored that cheques and whether you had sent demand notice within the period as stipulated by Statute or not. To get my legal opinion professionally upon online payment, you can whatsapp.

Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.

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