Cheque has dishonoured: Reason: Payment stopped by drawer
11-Mar-2023 (In Cheque Bounce Law)
Hello sir,
A person has issued a cheque of rupees 2 lacs and before depositing it in the bank, he has stopped the cheque and I have deposited the cheque in the bank and it has returned with the reason: CHEQUE DISHONOURED- PAYMENT STOPPED BY THE DRAWER.
Please let me know how can I move forward for the legal proceedings.
Thanks,
Samhith
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