The person who gave me a cheque has stopped payment on it. What legal options do I have in India?

Apni Law
Apni Law
Law Forum › Category: Cheque Bounce › The person who gave me a cheque has stopped payment on it. What legal options do I have in India?
Vote Up
286
Vote Down
Apni Law Staff asked 1 year ago

The person who gave me a cheque has stopped payment on it. What legal options do I have in India?

1 Answers
Vote Up
22
Vote Down

Best Answer

Apni Law Staff answered 1 year ago

If the cheque is dishonored, you can issue a legal notice to the drawer demanding payment. If they fail to pay within 15 days, you can file a criminal complaint under Section 138 of the Negotiable Instruments Act, which could lead to imprisonment or a fine.

You Might Also Like

My business partner bought me out, but we never signed a proper agreement to dissolve the partnership. I sent him emails and even drafted a dissolution agreement, but he’s now saying we weren’t serious and wants me to shoulder the losses. I already left the business two months ago, and the cheque he gave me bounced. What should I do now?

My boyfriend tricked me into giving him 4 lakh rupees, claiming his father was ill. His brother even faked his father’s sickness to get the money. When I learned the truth, his father promised to pay me in 4 installments but the first cheque bounced. What should I do now?

My friend sent me two legal notices about a bounced check case, but the language in both is different. Can I take legal action against him for this?

I joined a software company in India and completed my 6-month probation period. My salary was ₹5,000 during probation, which was supposed to increase to ₹3.25 lakh afterwards. However, just two weeks after my salary was increased, I realised I couldn’t continue working there and had to leave. Now, the company has sent me a legal notice about a bounced cheque case. What should I do?

Is it risky to borrow money from a loan shark in India, especially if we can’t repay the 4% monthly interest? Can we take any steps to protect ourselves from legal trouble before they take action?

Share This Article
Previous Article I filed a divorce case which was heard without my ex-partner being present. The judge said he’d decide later, but the judgement date remains the same. Could someone explain the appeal period if the judgement goes against me? Is there any way to speed up the judgement process? I need this decision for another case and if it’s unfavorable, I want to appeal quickly to the Ranchi High Court. How long does it typically take for an appeal to be heard in the High Court?
Next Article I witnessed a marriage at an Arya Samaj temple. Could I face any legal issues because of this? Please advise.

Follow US

Find US on Social Medias
Popular News
- Advertisement -
- Advertisement -
Ad imageAd image

📢 Stay Connected!

Join our community on Telegram and WhatsApp for instant updates, news, and exclusive offers.