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Company delaying the payment after cheque bounce what to do?
24-Jan-2023 (In Cheque Bounce Law)
Hello, I need suggestion. I having 1.4Lakh rupees check. The check has been bounce. The check bounce company always telling will pay but they are not transferred the amount. I having agreement paper also. Could you please let me know what step now i should take?
Dear client,
You can send a notice to the co calling upon to pay the said amount . In case the co fails to make payment you can file complaint before magistrate court having jurisdiction within time stipulated in neg instruments act.
You can send a notice to the co calling upon to pay the said amount . In case the co fails to make payment you can file complaint before magistrate court having jurisdiction within time stipulated in neg instruments act.
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Adv. Chaitanya Torgal
Mumbai | 25+ Answers
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I am assuming the cheque hasn't expired and was bounced quite recently. You should straight away send the company a legal notice for the bounced cheque as thats the legal requirement. After that you can file s.138 proceedings under the NI Act and get your money back.
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Adv. Aniket Dabadghao
Nagpur | 25+ Answers
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Unless the details of the cheque i.e the date of issue, date of deposit into Bank, the date cheque return and whether any statutory notice under NI Act has been issued are made made available and also the purpose for which the cheque has been issued is mentioned, I cannot suggest anything.
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Adv. Satish Kumar
Hyderabad | 100+ Answers
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Dear client u have to send legal notice within 30 days from cheque bounce date. If other party not pay amount then have to file case under sec 138 of n i act. For any legal help call me
Adv Prasad Patil
Pune
Adv Prasad Patil
Pune
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