Cheque Bounce Notice

A cheque bounce is governed by the Section 138 of the Negotiable instruments Act, 1881. A notice is sent to the issuer in case of a cheque bounce due to lack of funds followed by a legal notice if required.

About This Plan

A cheque bounces when a bank doesn’t honour a payment. A few of the reason are wrong signature, mismatch of figures written on the cheque (in words and figures) and overwriting. These issues are minor and can be solved without the court’s intervention, A major cause for concern is when a cheque bounces due to lack of funds in the drawer’s account. A cheque bounce is governed by the Section 138 of the Negotiable instruments Act, 1881. If you have received a cheque that has bounced, you have two options. You can send the person a notice and then if there is no response after 15 days, you can send them a legal notice, by filing a complaint in court.

  • First, our business advisors will explain the remedies available, the process and time-frame to take action against a bounced cheque issuer.
  • We will then connect you to lawyers who will prepare and send a demand notice to the bounced cheque issuer.
  • If there is no response to the notice within 15 days, the lawyers will draft a complaint against the issuer of the bounced cheque.

Services Covered

  • Cheque Bounce Cases

Who Should Buy

  • Any business entity or individual

How It's Done

  • First, our business advisors will explain the remedies available, the process and time-frame to take action against a bounced cheque issuer.
  • We will then connect you to lawyers who will prepare and send a demand notice to the bounced cheque issuer.
  • If there is no response to the notice within 15 days, the lawyers will draft a complaint against the issuer of the bounced cheque.
5 DaysEstimate

Benefits


Documents Information

Documents To Be Submitted

  1. Suppporting Documents
You can purchase this plan in below price.

1499 /-

Checklists

Frequenty Asked Questions

How long should I wait before filing a complaint with the court if the drawer has not made the payment?

Normally, you should wait for a period of 15 days before filling a complaint with the court. While doing do, be sure to submit all the relevant documents, as mentioned above.

Can I file a case if the drawer gave me a bounced cheque as a gift?

No, if the bounced cheque was given to you as a gift or was lent to you for a repayment of a loan installment, you cannot press charges against the drawer.

Do I need to submit documents along with my complaint letter to the court?

Yes, you need to submit documents along with the complaint letter to the court. Documents such as the Cheque Return Memo, the original bounced cheque and a copy of the notice sent along with the acknowledgement need to be sent to the court in original format.

What if I don’t file a complaint within the stipulated 30 days of the notice sent?

If you don’t file a complaint within the stipulated 30 days, the case will lapse. However, in certain circumstances, the court may grant you an extension.

Can I file a case for a bounced cheque that was caused due to stop payment instructions?

Yes, you can. A cheque dishonored under the stop payment instruction is covered under the Section 138 of the NI Act. So, you have every right to press charges. This can be done only after you have sent a Demand Notice to the drawer.

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