legal notice cheque bounce in india | |
In India, when a cheque issued by a drawer is returned unpaid due to insufficient funds or any other reason under Section 138 of the Negotiable Instruments Act, 1881, the payee has the right to issue a legal notice to the drawer. This legal notice must be sent within 30 days from the date of receiving the cheque return memo from the bank, stating that the cheque has bounced. The notice should clearly mention details such as the cheque amount, cheque number, date of issue, reason for dishonor, and a demand for payment within 15 days from the receipt of the notice. | |
| Related Link: Click here to visit item owner's website (0 hit) | |
| Target State: All States Target City : Chandigarh Last Update : Apr 22, 2025 3:16 AM Number of Views: 16 | Item Owner : NRI Legal Contact Email: Contact Phone: 07428899979 |
| Friendly reminder: Click here to read some tips. | |