Can You File a Case If Your Cheque Bounces? 🏦⚖️"
#ChequeBounce #NegotiableInstrumentsAct #LegalRemedies #FinancialLaw #IndianLaw
YES! ✅ A bounced cheque is a serious offence in India under the Negotiable Instruments Act, 1881! 🚨💰
🔹 What Are Your Legal Rights?
✅ Issue a Legal Notice – Demand payment within 30 days! 📜
✅ File a Case Under Section 138 – If payment isn’t made within 15 days! ⚖️
✅ Claim Compensation – Sue for the cheque amount + penalty & damages! 💵
🔹 Possible Punishments for the Drawer:
🚨 Imprisonment – Up to 2 years! ⛓️
🚨 Heavy Fine – Up to twice the cheque amount! 💰
💡 Pro Tip: Always keep a copy of the bounced cheque & bank memo for legal proof! ✅📑
📞 Need legal help with cheque bounce cases? Call: +91-9051112233
🌐 Website: https://www.lexcliq.com
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