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What is the time period that to take the matter of cheque bounced
04-Jul-2023 (In Cheque Bounce Law)
What is the time period that one can take the matter up of a bounced cheque.
Within 30 days notice of demand u/s 138 of Negotiable Instrument is to be sent granting 15 days time for payment. In case the party fails to make payment within the stipulated time. A complaint case has to be filed with a month thereafter.
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Adv. Kunwar Singh
Gurgaon / Gurugram | 25+ Answers
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after u get receipt from the bank you have 15 days time to send notice. After receiving of notice by the accused minimum 15 days time and maximum 30 days time. sending Notice is mandatory. lump sump u have 45 days.
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Adv. Vishal Sharma
Panipat | 25+ Answers
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maximum one and half year. A cheque bounce case generally conclude with a settlement thats why i said 1 and half year but contested case goes on till 2 and half year. you can contact our law firm for cheque bounce matters. we are based in delhi.
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Adv. Akash Gupta
Gurgaon / Gurugram | 100+ Answers
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You can file a criminal complaint under section 138 of negotiable instrument act till the time your cheque is valid. And cheque is valid for three months from its stated date. You cam initiate the same by sending a legal notice.
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Adv. Munish Malik
Gurgaon / Gurugram | 25+ Answers
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