Legal Action Against Cheque Bounce
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A chequebounces when a bank doesn’t honour a payment. A few of the reason are wrong signature, mismatch of figures written on the cheque (in words and figures) and overwriting. These issues are minor and can be solved without the court’s intervention, A major cause for concern is when a cheque bounces due to lack of funds in the drawer’s account. A cheque bounce is governed by the Section 138 of the Negotiable instruments Act, 1881. If you have received a cheque that has bounced, you have two options. You can send the person a notice and then if there is no response after 15 days, you can send them a legal notice, by filing a complaint in court. Get this service online @ https://vakilsearch.com/cheque-bounce

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