Cheque Bounce Case Lawyers in chennai
Cheque bounce is a term used to describe a situation when a bank does not honour a payment from a cheque issued by the drawer. This is governed by Section 138 of the Negotiable Instruments Act 1881.
The reasons for the cheque bounce are
- Wrong signatures
- Mismatched figures are written on the cheque
- Overwriting
- Lack of funds in the drawer’s account.
If found guilty, the defaulter can be penalised with a prison term of two years and/or a fine, which can be twice the cheque amount. To issue a cheque bounce notice, you need to create a notice for a bounced cheque. This should include details such as the cheque number, the cheque’s amount, the cause of the bounce, and a demand for payment.
The notice should be sent to the cheque issuer through registered post or hand delivery. A cheque bounce notice should include details of the cheque, the reason for the bounce, a demand for payment of the amount due, and a threat of legal action if the payment is not made within the stipulated time. This notice has to be sent within 30 days of getting a notification on cheque bounce and must be drafted and sent by a legal professional or a person with knowledge of the legal procedures involved.
If you have been a victim of a cheque bounce case, it’s essential to seek legal assistance to protect your rights and ensure that you receive the compensation you deserve. At Icon Legal Services, we specialise in handling cheque bounce cases and have a team of experienced lawyers who can help you navigate the legal process.
We understand the stress and financial strain that a cheque bounce case can cause, and we’re committed to helping our clients get the justice they deserve. Our team will work closely with you to understand the specifics of your case and develop a strategy to help you achieve a positive outcome.
Whether you’re an individual or a business, our team can handle even the most complex cheque bounce cases. We’ll guide you through every step of the legal process, from filing the lawsuit to representing you in court to protect your rights.
If you’re dealing with a cheque bounce case and need legal assistance, don’t hesitate to contact us. We’ll work tirelessly to help you achieve a favourable outcome and put the stress of the situation behind you.