What is the legal procedure if a cheque bounces?
What is the legal procedure for cheque bouncing?
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Advocate By LEAD INDIA
Answered: 14 Feb 2025
If a cheque bounces, the payee must send a legal notice to the drawer within 30 days by demanding payment within 15 days. If the drawer does not pay, the payee can file a complaint under Section 138 of the Negotiable Instruments Act in court. It is advised to consult an expert lawyer who will assist you with the best course of action. For further legal assistance contact us on our helpline number.
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