LawRato

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
Answers (2)

Answer #1
784 votes
hello client first you need to send him a notice after that if he does not reply to the notice you have to file a case against him for the dishonour of cheque the court will send him notice the appear
Helpful? LawRato LawRato
Answer #2
571 votes
hi
in accordance to law even stop payment will attract 138 Negotiable instruments act.
so first issue legal not within 15 days of cheque bounce. then within 45 days from date of legal notice file 138 NI case
Helpful? LawRato LawRato

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.

Report abuse?

Comments by Users

No Comments! Be the first one to comment.

"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."