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Need help regarding cheque bounce
19-Jun-2023 (In Cheque Bounce Law)
What and how to get legal help when Cheque is Bounced?
After the cheque is bounced you are bound to send the concerned person a legal notice for initiating proceedings under section 138 of Negotiable Instruments Act.
If within 15 days the payment is not made you can register a complaint under section 138 of NI act which is a criminal proceeding. This needs to be filed within 30 days of the completion of 15 days of the notice delivery date.
Alongwith that you can file a recovery suit / summary suit in the concerned civil court simultaneously.
If within 15 days the payment is not made you can register a complaint under section 138 of NI act which is a criminal proceeding. This needs to be filed within 30 days of the completion of 15 days of the notice delivery date.
Alongwith that you can file a recovery suit / summary suit in the concerned civil court simultaneously.
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Adv. Siddhant Sharma
Delhi | 500+ Answers
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First send a demand notice through an advocate within 15 days of the day the cheque bounced asking payment within 15 days. In case of non payment a case under section 138 of the NI Act case can be filled within 30 days of the day the said period of 15 days expires.
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Adv. Sunita Bafna
Mumbai | 100+ Answers
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