Ni act

Querist : Anonymous (Querist) 30 January 2012 This query is : Resolved
once bounced (ie means already that cheque was bounced due to insufficient cheque]represented again three times .all the three times bounced on the same reason. fourth time legal notice was issued and complaint filed. my suspect is any RBI ruling for the times of presenting a already bounced cheque

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Devajyoti Barman (Expert) 30 January 2012
If the bank endorsement is 'present again', there was no illegality in getting the cheque dishonured multiple times.

V R SHROFF (Expert) 30 January 2012
Within validity period, you can present the cheque again. Bank is already charging you for it [Rs 100/- i believe ]not looser.

M/s. Y-not legal services (Expert) 30 January 2012
yes.. agree with experts..

you can deposit that how many time you can, with in life time of the cheque.. no one can stop you.. but you have to issue notice for last dishonour..

-tom-

Raj Kumar Makkad (Expert) 30 January 2012
There is no illegality in presenting the cheque even for 4th time if the same is within the limitation period.

DEFENSE ADVOCATE.-firmaction@g (Expert) 30 January 2012
This is just trifle issue , you have to cross many many miles before any final end to your enterprise.

sanjeev murthy desai (Expert) 30 January 2012
There is no such bar in RBI rules. However the Apex court has upheld the ruling of more time presentation of cheque. In your case notice already served even complaint is also filed. Hence nothing to worry on this issue.

Sankaranarayanan (Expert) 30 January 2012
yes i agreed with all experts answer

G. ARAVINTHAN (Expert) 30 January 2012
I think, any number of time the cheque can be represented within 6 months from the date of the cheque

Shonee Kapoor (Expert) 31 January 2012
Nothing left to add.

Regards,

Shonee Kapoor
harassed.by.498a@gmail.com

Raj Kumar Makkad (Expert) 31 January 2012
Nothing seems to be added as much has already been opined.

prabhakar singh (Expert) 31 January 2012
The cheque can be represented ANY NUMBER OF TIMES within VALIDITY PERIOD.

[NOW VALIDITY PERIOD WOULD BE 03 MONTHS,EFFECTIVE DATE I AM MISSING.]

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