Practice Area
Cheque Bounce (NI Act) Cases
Overview
Understanding This Practice Area
Cheque dishonour disputes under Section 138 of the Negotiable Instruments Act, 1881 require careful attention to statutory notice periods and procedural timelines. Representation is provided for both complainants seeking recovery and accused persons requiring a defence.
Legal Process
How the Matter Proceeds
- 01 Verification of the cheque, dishonour memo, and transaction record
- 02 Drafting and dispatch of the statutory demand notice
- 03 Filing of the complaint before the competent Magistrate within limitation
- 04 Representation at trial, including examination of witnesses
- 05 Advice on settlement or compounding where appropriate
Who Needs This
Is This Relevant to You?
Payees whose cheques have been dishonoured, and drawers who have received a Section 138 notice or complaint.
FAQs
A demand notice must be issued within 30 days of receiving information of the cheque's dishonour from the bank.
Yes, such matters are often compoundable and can be settled between the parties, including through court-annexed mediation.