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Cheque got bounced what legal action can i take
24-Jun-2023 (In Cheque Bounce Law)
I had received a post dated cheque as a surety from a party. When I tried to deposit it in the bank, I found that the cheque that was issued was of an account that was long closed by the party. What legal actions I need to proceed with. Kindly advice.
Dear client first send legal notice through lawyer within 30 says from cheque bounce date and ask other party to pay the amount. If other party not paid the amount then file case under sec 138 if negotiable instrument act and 420 of Indian penal code. For any legal help call me
Adv prasad patil
Pune
Adv prasad patil
Pune
Helpful?
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As per Negotiable Instrument Act, the Cheque can be presented any number of times with 3 months from the date of the cheque. And further from the date of Bank Memo for dishonour of the same with 30 days you need to issue a legal notice. So if you have already presented the cheque and bank has issued a Memo for dishonour then you need to issued a legal notice, in writing, within 30 days to the address of the person who issued the cheque and thereafter you can lodge a Private Complaint before the Jurisdictional Magistrate.
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Adv. Siddhant Sharma
Delhi | 500+ Answers
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