Legal Question in Banking Law in India

procedure and rules to follow ,if a cheque is bounced,to take a legal action ?


Asked on 11/04/11, 11:17 pm

2 Answers from Attorneys

Chandrawat, Call- +91-8109444689 Litigation Expert & Legal Advisor ([email protected])

http://www.vakilno1.com/chqbouncing_qns.htm

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Answered on 11/04/11, 11:42 pm
Rajiv Chandhok Ph: +919810050896 https://www.linkedin.com/in/rajiv-chandok-0827b733/

Notice within 30 days - demand the cheque amount within 15 days- if the amount is not paid within those 15 days then file criminal complaint u/s 138 NI Act before the CJM or ACMM/CMM as the case may be.

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Answered on 11/11/11, 2:40 am


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