Cheque Bounce Lawyer

Cheque Bounce Lawyer

 

"RKG AND ASSOCIATES" having one of the best Cheque Bounce Cases Lawyers in Delhi who having in depth knowledge, which is quite necessary for successful prosecution or defense, persistently engaged in advocating banks, finance institutions, firms in various financing transactions, loans, legal due diligence, project financing & individuals. We provide most quality & experienced bunch of the advocates, giving their significant adminstration in all banking and finance Cases including cheque Bounce Cases or Cheque Dishonors to our customers. Our legal experts listen to the clients, file and contest the cheque bouncing cases in courts of Session Courts of Saket In South Delhi, High Courts & the Supreme Court of India & provide wanted help to our customers.

Cheque Bounce Lawyer

What is the case of Bounce or Dishonors of Cheque.
As per the Indian Law's Cheque Bounce or Dishonors is a criminal and punishable offence under the section of 138 of Negotiable Instruments Act. In this act, drawee who fails to honors his cheque could be faced punishment upto 2 years & fine upto double of the cheque amount.
In other word A situation of cheque bounce or Cheque dishonored is basically a term used to define the unsuccessful processing of a dispensed cheque due to several reasons.

A cheque is said to have dishonored due to beneath referenced reasons.

1. Stop payment installment

2. Insufficient balance

3. Account closed

4. Signature mismatch

5. Exceeds arrangement


Conditions necessary for cheque Dishonored

 

  • The cheque is dishonored because to insufficiency of funds or all the above reasons.
  • A Legal notice is served within 30 days from the date of bouncing of cheque.
  • A installment of due sum is not made within 15 days time.
  • The installment was to be made for release of legitimately enforceable obligation.