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Cheque Bounce Cases in Indore

Cheque bounce which comes under Section 138 Negotiable Instruments Act, which is not a criminal offence but can lead to criminal. In case of cheque bounce, you would need a banking lawyer in Indore (cheque bounce lawyer Indore) to serve the legal notice to the opposite party.

Process of cheque bounce case

a) If a cheque is bounced, a notice has to be sent to the opposite party within 30 days from the date of memo accompanying the bounced cheque is received from the Bank.

b) The notice by the holder of the cheque should claim the amount for which the cheque has been bounced, providing 15 days to settle the matter.

c) The opposite party has 15 days from the receipt of the notice to settle the matter and no cause of action arises till the expiry of these 15 days or if paid within this specified period.

d) After the completion of said 15 days, if the opposite party does not settle the matter or ignores the notice, then the holder of the cheque may file a criminal complaint before the appropriate court within 30 days of the expiry of said 15 days.

e) If it is beyond 30 days period, the delay can be ignored by the court on sufficient cause being shown.

Cheque dishonoring disputes Remedies

We are offering solutions and prompt legal advice and guidance to our clients on Cheque dishonoring disputes. Team ms legal associates backed by set of experienced law practitioners in cheque bouncing disputes. Now day’ ordinary peoples have fear to entering the legal disputes due to heavy service charges and long judgmental period. But our organization providing Quality legal advice in an effective cost that even an ordinary people can bear. We choose right legal professionals for our clients that matching their requirements.

Cheque bounce is a criminal matter and is tried under section 138 of Negotiable instruments act, 1881. The dishonor of Cheque is a criminal offence and is punishable by imprisonment up to two years or with monetary penalty or with both. It takes at least 12 to 18 months for the case to be resolved if one decides to take legal action.

Once you meet a lawyer to represent your case, it begins by sending a Legal Notice to the drawer within 30 days from the Cheque bounce date which clearly mentions that the Cheque amount has to be paid to the payee within 15 days from the date of receipt of the notice by the drawer.

Our professional lawyer in Indore will help the clients for proper guidance and legal support for filing the cases in appropriate jurisdiction of courts.

If anyone of you is facing the issues of a cheque or have a Cheque issued by a debtor who has been bounced or say has also been dishonoured then, we the Best Lawyer for Cheque Bounce Cases in Indore are right here to solve such issues. Besides this, there are also again most of the other issues such as someone has issued a cheque bounce notice against you or it may also happen that you may also get or received the court summons for a 138 NI (Negotiable Instruments Act) complaint against you then, use only the services of the Delhi Law Firm which is the most praiseworthy as well as trustworthy firm.

We are the most wanted Best Lawyer For Cheque Bounce Cases in Indore because, people find our services as the most rated in India catering and altering all your needs and doubts within the shortest time frame, stipulated budget frame as well as serve all beyond one’s expectations. It has also observed that most of the civil wrongs have made criminal offences by statutes fundamentally such as Negotiable Instruments Act, 1881. Thus, if you are in discharge of any such form of a legal liability issue where your cheque is dishonoured by a banker abreast with a Section 138 of the Negotiable Instruments Act, 1881 then a person doing such malpractices are definitely liable for punishment that can obviously be an imprisonment for a term that can be extended for 2 years or may also be punished to pay a fine that may be extended to the twice the amount of the cheque, or sometimes is also eligible for both the punishments.

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