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Cheuqe rejected as non cts which is given for registration


25-Mar-2023 (In Cheque Bounce Law)
Hello, as part of plot registration i have given a cheque and the same is mentioned on the registration document.but unfortunately cheque us rejected saying it is non CTS. How should i proceed?
Answers (1)

Answer #1
716 votes
hi.
under negotiable instruments act cause of action arises only if you do not pay within 15 days of legal notice. you can pay the cheque amount by DD and get a rectification deed executed to plot registration deed

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