My property refund cheque, dated October 2016, bounced due to insufficient funds. What legal steps can I take to recover my money? I’d appreciate your advice.
1 Answers
Best Answer
You can file a legal notice demanding payment within a reasonable timeframe. If the cheque is still dishonored, you can file a criminal complaint under Section 138 of the Negotiable Instruments Act, 1881. This will initiate legal proceedings against the issuer, potentially leading to imprisonment or a fine.
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