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Cheque Bounce Recovery: Legal Steps & Defense

byNeha Gund JetwaniOffice in Tagore Garden; Takes cases across Delhi NCRStarts from3,500 Per NoticeView full gallery

Don't let a bounced cheque remain just a piece of paper. Understand the strict timelines, the legal notice requirements, and how to recover your funds or build a defense under the Negotiable Instruments Act.

When drafting a legal demand notice for a bounced cheque, every detail matters. The notice must contain the exact amount mentioned on the cheque. A small mistake here can cause your entire case to fail.

This graphic explains the first condition for a Section 138 case. The law applies when a cheque issued to clear a debt or liability is dishonored by the bank due to insufficient funds or other reasons.

This is the second step in the process. After a cheque is dishonored, the payee must send a written notice to the person who issued the cheque. This has to be done within 30 days of the bank informing you about the bounce.

The final step before filing a case is the payment demand. The person who issued the cheque gets 15 days after receiving the notice to pay the amount. If they fail, you can proceed with legal action.

About Your Cheque Bounced? Your Guide to Recovery

When a cheque bounces, time is your biggest enemy. You have exactly 30 days from the date of the bank return memo to send a legal demand notice. Many people miss this window, which makes their case weak from the start. Once the notice is delivered, the drawer has 15 days to pay the amount. If they fail to do so, we file a complaint under Section 138 of the Negotiable Instruments Act.

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