Legal Question in Consumer Law in India
What should I do as a cheque for Rs.3,15,000/= deposited to our bank bounced stating insufficient fund.
Asked on 1/12/10, 11:15 pm
2 Answers from Attorneys
You have to send the drawaer of the Cheque a Legal Notice through an Advocate within a period of 30 days of the receipt of the Bank Memo w.r.t. bounced cheque.
Answered on 1/13/10, 5:02 am
Mantosh Sarkar
M.Sarkar & Associates
If the cheque was meant for discharging a legal liability, you ask the drawer to compensate/
reimburse in default you have option to sue him under Negotiable Instrument Act. which
spells the act as criminal offence.
Answered on 1/18/10, 6:33 am
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