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Non clearence of NON CTS cheque


21-Sep-2023 (In Cheque Bounce Law)
i have given non cts cheque for a builder as a advance, cheque got rejected in bank. Is there any legal issue builder can claim. since i dont want to buy the propery because property is illigal.
Answers (3)

Answer #1
660 votes
when you check given then check as been bones means the evolution for legal notice for recovery of the Negotiable Instrument Act 138 how to use a legal notice reply for that notice he will claim for Court
Answer #2
682 votes
you will receive a legal notice within 30 days from the date of dishonour and he will narrate the facts in that, wait for it.
he might claim for the loss and compensation for not executing contract.
he might file civil suit also .
when you receive notice , you have to give suitable reply , if you give some more cheque give stop payment
Answer #3
933 votes
You will receive legal notice saying you cheque bounced and therefore cheque bounce case will be filed.
You have to deposit 20% of cheque amount irrespective of it being a NON CTS cheque. Or you have to approach the High Court and get it quashed.
Magistrate has no power to reject cheque bounce case summarily

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