Section 138 of the Negotiable Instruments Act makes cheque bounce a criminal offence. The drawer can face court trial, penalty, and even imprisonment.
A legal notice must be sent within 30 days of cheque return. If payment is not made within 15 days, a complaint must be filed within the prescribed limitation period.
Yes. You can claim the cheque amount along with interest, legal expenses, and compensation through proper court proceedings.
Yes. Cheque dishonour due to insufficient funds is a criminal offence under Section 138 NI Act and may result in fine or imprisonment.
Delay can weaken your case. An experienced lawyer ensures timely legal notice, proper filing, and strong court representation for fast recovery.