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in how many days can a cheque bounce case be filed in court
23-May-2023 (In Cheque Bounce Law)
A cheque given to me by a friend has bounced. I have sent him a legal notice through a lawyer. Till how many days after the notice receipt can I file a cheque bounce case against him?
There is a statutory period of 15 days since the day the legal notice for cheque bounce is received by the defaulting party, to revert or take any necessary action.
In case there is no revert or action by the defaulting party, the aggreaved party should file a criminal case of cheque bounce under Sec 138 NI within 30 days of the close of 15 days since the notice was received by the defaulting party (within 45 days of receipt of legal notice by the defaulting party)
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Adv. Siddhant Sharma
Delhi | 200+ Answers
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