After cheque bouncing,with in what time we have to give notice,
some body says 15 days and some body says 30 days
which is true kindly gide me
Nagaraj Patel (proprietor) 09 March 2013
After cheque bouncing,with in what time we have to give notice,
some body says 15 days and some body says 30 days
which is true kindly gide me
Advocate Bhartesh goyal (advocate) 09 March 2013
Notice should be issued within 30 days from the date of dishonour of cheque .
Advocate M.Bhadra 09 March 2013
A cheque dishonour notice must be sent by the payee or the holder in due course to the issuer of the cheque within 30 days of the receipt of information by him from the bank regarding the return of the cheques as unpaid.
The notice must state the details of the cheque and quote the communication from the bank that the cheque has indeed bounced. The issuer is bound to respond to the notice and make payments within 15 days of reciept of the notice under Section 138.N.I.Act.
Sudhir Kumar, Advocate (Advocate) 10 March 2013
nothing more to doubt when period is laid down in statute.
Advocate Ravinder (Advocate/Attorney) 11 March 2013
What Learned Minasu Bhadra said is correct and clarified.
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