Kindly clarify the following.
1. When cheque return uppaid, legal notice to be served to the party before 30 days, is it correct ?
2. if the Party is not responded to our notice before 15 days / 30 days i am not sure but i come to konw that we should give 30 days time as per ammeded in NI Act 2003 and wait for reply for our notice, please clarify
3 Due date for filing case is not clear by our advocates, they told us should be filied before 15 days if the party was not responded but i got informtion from internet information (some of the legal firm) mentioned that 30 days from due date from party.
Hence, Drawee should have time to intimate to party 30 days and wait for 30 days for responce and file a case before expairy of 30 days so, total 90 days from the date of cheque return. Is it correct, Is there any amedment in NI Act in the year 2002 or 2003
Kindly clarify and it will help us lot.
Many thanks in advance.