notice u/s 138

Querist : Anonymous (Querist) 27 May 2010 This query is : Resolved
Dear All,
I received bounce cheque from two endorsement 1) stop payment and 2) today's insufficient fund,then one notice issued ?If we issued one notice then we mentioned two reason?

Thanks all of U
Smruti

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Raj Kumar Makkad (Expert) 27 May 2010
What is your query then?

Guest (Expert) 27 May 2010
YOU MAY KINDLY NOTE THAT YOU HAVE TO ISSUE LEGAL NOTICE UNDER SECTION 138 OF N.I.ACT WITHIN 15 DAYS OF THE DATE OF DISHONOUR OF CHEQUE MENTIONING BOTH REASONS MENTION IN CHEQUE DISHONOUR MEMO ENCLOSED WITH CHEQUE BY THE BANK.

KINDLY DO NOT DELAY THE NOTICE ORELSE IT WILL HAVE ADVERSE EFFECT ON YOUR COMPLAINT UNDER SECTION 138 OF N.I.ACT.PLEASE NOTE

YOU MAY WRITE OR CALL/SEND SMS FOR ANY FURTHER HELP.
THANKS.
NANDKUMAR B.SAWANT.M.COM.LL.B.(MUMBAI),ADVOCATE
MOBILE.9271971251,9960223100
e.mail.adv.nbsawant@yahoo.co.in
e.mail.nandkumarbs@sify.com

Virender Pankaj (Expert) 27 May 2010
The notice u/s 93 of N.I. Act may be issued by mentioning reasons.
Limitation to issue the notice is 30 days from the date of dishonor of cheque.

Raj Kumar Makkad (Expert) 27 May 2010
Closure of account do not give rise cause of action to file criminal complaint under section 138 NI Act.

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