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Legal Notice In Negotiable Instrument Act
12-Mar-2025 (In Cheque Bounce Law)
Is the day of intimation of dishonour of cheque is included in stipulated time frame for sending the legal notice
A legal notice can be sent to the person from whom you have dues pending but the same has to be drafted professionally through an advocate and withing 30 days of bouncing of cheque. for other professional advice you can contact my Law Firm
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Adv. Kashish Khanna
Amritsar | 25+ Answers
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As per Section 138 of the Negotiable Instruments Act, 1881, when a cheque is dishonoured, the payee must send a legal notice within 30 days from the date of receipt of information from the bank regarding the dishonour.
The day on which the intimation of dishonour is received is not included in the 30-day period. The limitation period starts from the next day after the receipt of bank memo or information about dishonour.
For example, if the intimation from the bank is received on 1st April, the 30-day period for issuing the legal notice will start from 2nd April and end on 1st May.
It is advisable to keep proper proof of the date of receipt of the dishonour memo or communication from the bank for legal compliance.
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Adv. Harjeet Singh
Jalandhar | 25+ Answers
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