Information about Cheque Bounce Case Lawyers
Cheque Bounce Case Lawyers can help a person who receives a bounded cheque. He or she can file a case against him.
You would believe it should be easy to get somebody to give whose cheque has bounced. Well. It’s not rocket science, but timing and process are very significant. Discover about the steps engaged. Do you require recovering a cash amount due on a cheque that bounced?
Cheques are used in about all transactions including re-payment of loan, settling down of salary, bills and fees among others. A vast bulk of cheques are processed and cleared by banks on regular basis. Cheques are subjected for the reason of securing proof of imbursement. However, cheques remain a trustworthy method of imbursement for several people. On the other hand, it is constantly advisable to issue crossed “Account Payee Only” cheques in order to circumvent its misuse.
A cheque is considered as a negotiable instrument. Crossed and account payee cheques are not unfixed by any individual other than the payee. The cheques have to be put down into the payee's bank account.
If a cheque is bounced
When a cheque is bounced, the drawee bank right away issues a ‘Cheque Return Memo’ to the banker of the payee stating the cause for non-payment. Then, payee’s banker provides the dishonored cheque as well as the memo to the payee. The holder or even payee can again submit the cheque within specific time period. If he thinks it will be honoured the second time. However, if the cheque issuer fails to make an imbursement, then the payee has the right to accuse the drawer legally.
Legal action
The Negotiable Instruments Act, 1881 is valid for the cases of dishonour of cheque. This Act has been changed several times. As per the Section 138 of the Act, the dishonor of cheque is a criminal offence and is punished by by imprisonment up to two years or with financial penalty or even both. In case of you sort of difficulty, Cheque Bounce Case Lawyers are here to provide right assistance.
If you have a Cheque issued by a debtor that has bounced or has been dishonored, Cheque Bounce Case can be applied on him. It is better to hire a professional and expert lawyer who has handled such cases previously as well.
If you are a resident of Delhi, you can easily find Cheque Bouncing Cases Lawyers in Delhi available at your services. You can find more information about Cheque Bounce Cases online. However, it is better to take expert advice.
For info about amendment of Negotiable Instruments Act visit the official website of Law Ministry Government of India.
You would believe it should be easy to get somebody to give whose cheque has bounced. Well. It’s not rocket science, but timing and process are very significant. Discover about the steps engaged. Do you require recovering a cash amount due on a cheque that bounced?
Cheques are used in about all transactions including re-payment of loan, settling down of salary, bills and fees among others. A vast bulk of cheques are processed and cleared by banks on regular basis. Cheques are subjected for the reason of securing proof of imbursement. However, cheques remain a trustworthy method of imbursement for several people. On the other hand, it is constantly advisable to issue crossed “Account Payee Only” cheques in order to circumvent its misuse.
A cheque is considered as a negotiable instrument. Crossed and account payee cheques are not unfixed by any individual other than the payee. The cheques have to be put down into the payee's bank account.
If a cheque is bounced
When a cheque is bounced, the drawee bank right away issues a ‘Cheque Return Memo’ to the banker of the payee stating the cause for non-payment. Then, payee’s banker provides the dishonored cheque as well as the memo to the payee. The holder or even payee can again submit the cheque within specific time period. If he thinks it will be honoured the second time. However, if the cheque issuer fails to make an imbursement, then the payee has the right to accuse the drawer legally.
Legal action
The Negotiable Instruments Act, 1881 is valid for the cases of dishonour of cheque. This Act has been changed several times. As per the Section 138 of the Act, the dishonor of cheque is a criminal offence and is punished by by imprisonment up to two years or with financial penalty or even both. In case of you sort of difficulty, Cheque Bounce Case Lawyers are here to provide right assistance.
If you have a Cheque issued by a debtor that has bounced or has been dishonored, Cheque Bounce Case can be applied on him. It is better to hire a professional and expert lawyer who has handled such cases previously as well.
If you are a resident of Delhi, you can easily find Cheque Bouncing Cases Lawyers in Delhi available at your services. You can find more information about Cheque Bounce Cases online. However, it is better to take expert advice.
For info about amendment of Negotiable Instruments Act visit the official website of Law Ministry Government of India.
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