Reading: Two checks worth â‚¹16,000 each, issued to me, bounced due to insufficient funds. I understand the legal process involves sending a notice within 30 days and then approaching the court if there’s no response within 15 days. My question is: What’s the maximum amount I can claim, considering factors like damages and reputation loss? Can I demand a 6-month jail term for the person if they refuse to settle and cause further harm to my financial standing? Please guide me on the legal options available in this situation.

Two checks worth â‚¹16,000 each, issued to me, bounced due to insufficient funds. I understand the legal process involves sending a notice within 30 days and then approaching the court if there’s no response within 15 days. My question is: What’s the maximum amount I can claim, considering factors like damages and reputation loss? Can I demand a 6-month jail term for the person if they refuse to settle and cause further harm to my financial standing? Please guide me on the legal options available in this situation.

Last updated: August 25, 2025 1:01 pm

Apni Law

6 months ago

Law Forum › Category: Cheque Bounce › Two checks worth â‚¹16,000 each, issued to me, bounced due to insufficient funds. I understand the legal process involves sending a notice within 30 days and then approaching the court if there’s no response within 15 days. My question is: What’s the maximum amount I can claim, considering factors like damages and reputation loss? Can I demand a 6-month jail term for the person if they refuse to settle and cause further harm to my financial standing? Please guide me on the legal options available in this situation.

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Apni Law Staff asked 6 months ago

Two checks worth â‚¹16,000 each, issued to me, bounced due to insufficient funds. I understand the legal process involves sending a notice within 30 days and then approaching the court if there’s no response within 15 days. My question is: What’s the maximum amount I can claim, considering factors like damages and reputation loss? Can I demand a 6-month jail term for the person if they refuse to settle and cause further harm to my financial standing? Please guide me on the legal options available in this situation.

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Best Answer

Apni Law Staff answered 6 months ago

Under the Negotiable Instruments Act, 1881, you can claim double the cheque amount (₹32,000) as compensation, along with interest and legal costs. However, demanding a jail term is not a legal option; the court decides the punishment based on the severity of the offense. You can also claim damages for reputation loss, but proving it can be challenging. It’s advisable to consult a lawyer for specific legal advice tailored to your case.