Legal Question in Banking Law in India
cheque bounce
what is the time limit to file a suit after bouncing of cheque?
5 Answers from Attorneys
Re: cheque bounce
For Civil Suit within 3 years. For Crininal Action as provided under Section 138 of the Negotiable Instruments Act, within 30 days from the bouncing of the cheque.
Re: cheque bounce
The time limit for filing a suit on the basis of a dishonoured cheque is three years.
Re: cheque bounce
Hi,
the time period is 3 years, provided you have sent a notice to the other party(Drawer of the Cheque) within 15 days from the date when it was dishonoured.
Re: cheque bounce
Dear sir,
to file a suit after bouncing of cheque 3 years from the date which cheque bears,
to file a Cheque bounce case under Sec 138 of NIAct notice to be sent to the drawer with in 15 days from the date of bounce and after a criminal case to be filed before juridictional magistrate with in 30 days.
Regards,
Panduranga Acharya, Advocate
Re: cheque bounce
Please clarify what type of suit you want to file whether a civil suit or a criminal case ? please elaborate.
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