SECURITY DEPOSIT CHEQUE BOUNCE ...
13-Jun-2025 (In Cheque Bounce Law)
I took an apartment for rent and paid the security deposit up front .. but there was some society issue with owner and we decided to cancel the deal .. the owner gave a cheque wich bounced .. it is now 30 days since we gve them the deposit and 13 days since we were supposed to take the possession and 3 days for the cheque bounce .. the owner is first asking for cheque and said will make an RTGS after that .. we have requested for an RTGS first .. he decines .. how can we handle this legally ..
If the cheque is bounce, you already don’t have too much time to think in this as Cheque Bounce is a time bound case, hence you can initiate by sending a legal notice under section 138 (Cheque Bounce), thn thr are many other things like possession of the property and the deposit amount etc to deal with
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