Cheque bounce cases are governed under the Negotiable Instruments Act, 1881. If a cheque is dishonored due to insufficient funds or any other reason, legal action can be taken by sending a notice within 30 days of dishonor. If the drawer fails to make payment within 15 days, a case can be filed in court.
Important: Legal procedures for cheque bounce cases must be followed strictly. Consult an expert advocate for proper legal guidance.
- Send a legal notice within 30 days of cheque dishonor.
- Wait for 15 days for a response from the drawer.
- File a complaint in court if no payment is received.
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