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Dishonor of cheque 40000 due to insufficient fund
17-Aug-2023 (In Cheque Bounce Law)
Party gives me cheque of 40000 on 19 may 2022 which I submitted in bank of maharashtra on 25 may 2022 this cheque was bounce due to insufficient fund. But I come to know on 4 July when I visit bank.CAN I lodge complaint against it.?
Yes. You can lodge a complaint but the technical aspects need to be taken into consideration before doing so as time is a deciding factor in the said matter and you must follow guidelines laid down by law while doing so.
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Adv. Sudarshan Desai
Pune | 200+ Answers
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only 2 left for expire cheque validity, you can re deposit your cheque in your account and after you can claim your money under 138 N.I. act because of that 19 may to 19 August three month validity of your cheque on that 2 day left only to expiring the cheque validity
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Adv. Bhawanishankar Joshi
Mumbai | 25+ Answers
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usually the limitation for filing a petition for cheque bounce is 30 days from the date of dishonor of the respective cheque. the bank may have notified you within 3 days from 25th May that the cheque has been dishonored.
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Adv. Gunjan Vispute
Dombivli | 25+ Answers
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