Cheque bouncing can be a frustrating experience for both parties involved. If you have received a bounced cheque, it’s important to take legal action to recover the funds owed to you. Our cheque bounce legal service can help you navigate the legal system and recover your money quickly and efficiently.
We understand that dealing with legal matters can be stressful and time-consuming. That’s why we have a team of experienced lawyers who specialize in cheque bounce cases. They will work closely with you to understand your case and provide you with personalized legal advice and representation.
Our services include filing a complaint with the appropriate authorities, representing you in court, and negotiating with the other party to reach a settlement. We will keep you updated throughout the process and ensure that your rights are protected at all times.
Cheque return cases are governed by Section 138 of the Negotiable instruments Act, 1881. A cheque bounces when a bank doesn’t honour a payment. When a cheque is returned by the bank unpaid, it is said to be dishonoured or bounced. A few of the reasons are wrong signatures, mismatch of figures written on the cheque (in words and figures), and overwriting. These issues are minor and can be solved without the court’s intervention. A major cause for concern is when a cheque bounces due to lack of funds in the drawer’s account.
If you have received a cheque that has bounced, you have two options. You can send the person a demand notice and then, if there is no response after 15 days, you can eventually follow up by filing a complaint in the court.
To add to this, in case an action is not taken against the defaulter by the receiver within the prescribed time, it can also lead to lack of remedy for the receiver of the cheque as a case for cheque bounce is time-bound. Thus, it is important to address a cheque bounce case as soon as possible in order to avoid all the consequences involved.
In case a person is filing cheque bounce case, there are certain Cheque Bounce rules they have to follow.
Don’t let a bounced cheque ruin your day. Contact us today to schedule a consultation with one of our experts and get started on the road to recovery.
A professionally managed law firm, Hardoi Vakil is regularly engaged for thoughtful and reliable solutions by its clients. The firm balances commercial realities with legal pragmatism.
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Abhishek Kumar Dwivedi
(B. Tech., M.B.A., B.A. L.L.B.)
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