Cheque bounce is a common financial issue faced by people in today’s digital era. With the increasing trend of online transactions, cheque bounce cases have become more frequent than ever. However, if you have received a bounced cheque, you must know that there are legal provisions that can help you recover your money. In this article, we will discuss everything you need to know about legal advice for cheque bounce online.

What is a Cheque Bounce?

A cheque bounce is a situation where a cheque is returned by the bank due to insufficient funds or any other reason. In such a case, the cheque is marked as “dishonoured” or “bounced” by the bank. A bounced cheque not only causes financial losses to the payee but also affects their reputation.

Legal Remedies for Cheque Bounce

If you have received a bounced cheque, you can take legal action against the issuer. There are various legal remedies available under the law to recover the money. Here are some of the legal remedies that you can opt for:

1. Legal Notice

The first step to take legal action against the issuer of a bounced cheque is to send a legal notice. A legal notice is a formal communication sent to the issuer, demanding the payment of the cheque amount within a stipulated period. If the issuer fails to pay the amount within the given time, you can file a complaint in court.

2. Filing a Complaint in Court

If the issuer fails to pay the cheque amount after receiving the legal notice, you can file a complaint in the court. Under Section 138 of the Negotiable Instruments Act, 1881, the issuer can be prosecuted for a cheque bounce offence. The complaint can be filed in the court within one month from the date of receiving the cheque bounce notice.

3. Criminal Proceedings

Cheque bounce is a criminal offence, and the issuer can face imprisonment of up to two years along with a fine. The criminal proceedings can be initiated by filing a complaint in the court under Section 138 of the Negotiable Instruments Act, 1881.

4. Negotiable Instruments (Amendment) Act, 2018

The Negotiable Instruments (Amendment) Act, 2018 has made cheque bounce cases easier to handle for the payee. The amendment has reduced the time limit for filing a complaint from six months to one month. Moreover, the complainant can file a complaint in the court of the place where the cheque was presented for clearance.

Online Legal Services for Cheque Bounce

In today’s digital era, various online legal services are available that can help you with legal advice for cheque bounce online. These services provide a hassle-free and cost-effective solution for legal issues related to cheque bounce. Here are some of the online legal services that you can opt for:

OnlineLegalCenter

OnlineLegalCenter is an online platform that provides legal advice and consultation on cheque bounce cases. The platform has a team of expert lawyers who can guide you through the legal process and represent you in court.

Conclusion

Cheque bounce is a common financial issue faced by people in today’s digital era. However, there are legal remedies available under the law to recover the money. You can send a legal notice to the issuer, file a complaint in court, initiate criminal proceedings, or seek help from online legal services. Online legal services like LegalKart, Vakilsearch, and MyAdvo provide hassle-free and cost-effective solutions for legal issues related to cheque bounce.

If you have received a bounced cheque, it is crucial to take prompt action to recover your money. You can opt for any of the legal remedies discussed in this article or seek help from online legal services. Remember that cheque bounce is a serious offence, and legal action can be taken against the issuer.

FAQs

1. What is a cheque bounce?

A cheque bounce is a situation where a cheque is returned by the bank due to insufficient funds or any other reason.

1. What legal remedies are available for cheque bounce?

You can send a legal notice, file a complaint in court, initiate criminal proceedings, or seek help from online legal services.

1. What is the time limit for filing a complaint in cheque bounce cases?

The time limit for filing a complaint in cheque bounce cases is one month from the date of receiving the cheque bounce notice.

1. Can the issuer of a bounced cheque face imprisonment?

Yes, the issuer of a bounced cheque can face imprisonment of up to two years along with a fine.

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