Cheque bounce / applicability of 420

Mr.Jain,

Why do U want to do so many things. Current Account and Cash Credit Account cannot be linked for transactions.Hence the cheque will definetely  get bounced if there is no sufficient balance.Then think of legal procedures. Without actually depositing the cheque , U R going as far as RBI, don't  presume things.

A cheque is a cheque.   In your case the cheque may also be returned with instructions, 'Refer to Drawer.   Whatever the reason if a cheque is bounced send a legal notice within 15 days from that date of you receiving the intimation.

Then wait for another 15 days for reply and if reply is received file a cheque bounce within 15 days from the date of your receiving the reply.   If there is no reply then file a cheque bounce case before the lapse of 15 days.

Except going to court there is no other go.  Section 420 gets attracted as soon as the cheque is returned.

MR.Bhaskaran, he has not deposited the cheque till date

You can go to court , all other options have no meaning. For cheque bounce cases there will be conviction and courts may or may not give compansation. Civil procedure for cheque is sure recovery with interest and expanses.