Legal Notice- Cheque Bounce
Cheque bounce or cheque non-payment in a serious offence in India punishable with imprisonment or fine under Section 138 of the Negotiable Instruments Act. A legal notice has to be served. How can you do it? Lawtendo solves the issue.
Why Choose Lawtendo over others?
-Best and customised legal assistance based on your needs.
-Best lawyers who are experts and have a minimum experience of 15 years in their respective fields from all over the country.
-Hasslefree and fixed less costs saving you a hefty.
-Free initial consultations.
-Timely updates and dedicated case managers.
-Direct communication between you and your lawyer.
Cheque bounce notice must be issued by the payee to the defaulter, within 30 days of dishonor of cheque, by registered post (or Speed Post) acknowledgement due.
If the cheque defaulter fails to make payment within 15 days of cheque bounce notice, the payee should file a criminal case in a court within 30 days from the expiry of notice period of 15 days
Once the case is filed, the court will hear the case and issue summons under Section 138 of the Negotiable Instruments Act.
The cheque defaulter would then have to submit surety and appear before the Court for resolution of the matter.
-Photocopy of legal notice
-Original bank return memo
-Original postal receipt
Expert Advice from best Documentation. Legal advice readily availble at your fingertips
Find your perfect lawyer based on previous client reviews, detailed profiles and specific categorisations
No hidden costs. Your case manager will make your legal costs clear from the get go.
One case manager to handle all your queries from the first day itself. No confusion only solutions.