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hiren naik   08 July 2018

looking for cheque bounce case

i am Gujrat based construction company owner( self proprietor) and working with Mumbai base construction company (also self proprietor) i produce 2 stage wise bill as par contract 3 month back they gave me 6 different amount postdated check last week and first of the check is cleared but the second check is return due to insufficient balance in there account now what is the procedure and what sud i do for recovering the payment.


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 1 Replies

Siddharth Jain   08 July 2018

Firstly, you have to serve a legal notice to them asking them to pay the amount of the Dishonored cheque within 15 days of the receipt of the legal notice.
if they fail to do so, you can file a case against them under section 138 of the Negotiable Instruments Act.

For any other queries, feel free to contact at isidjain1@gmail.com

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