Hello Sir,
I would like to know what are the legal procedings if a cheque has been bounced due to insufficient funds.
Please guide me on the same.
Regards,
Purnendu Basak
Purnendu 16 September 2017
Hello Sir,
I would like to know what are the legal procedings if a cheque has been bounced due to insufficient funds.
Please guide me on the same.
Regards,
Purnendu Basak
Murari lal Shukla 16 September 2017
Deposit the necessary amount into ur concerned account and inform to the drawee so that he can draw the amount.
Siddharth Srivastava (Advocate) 16 September 2017
If cheque dishonoured for any reason then drawee shall issue notice u/s.138 N.I. Act and if the same will not be complied by drawer then complaint case u/s.138 N.I Act. The punishment in such case is 2 years imprisonment and double of the cheque amount as penalty. Such cases are required to be tackled tactfully. Sidharth9811776422
Advocate Bhartesh goyal (advocate) 17 September 2017
Purnendu 17 September 2017
Dear Sir, Thank you for the reply. Please note I am the Drawee and the Drawer is intentionally delaying the cheque. Please advise if the cheque returned due to "Stop Payment" by the Drawer will the same proceeding can be initiated?
Siddharth Srivastava (Advocate) 17 September 2017
Purnendu 18 September 2017
Purnendu 18 September 2017
Purnendu 18 September 2017
Purnendu 18 September 2017
Sir, please can you guide me on the court fees for these cases.
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