Can I Recover My Money If Someone Gave Me a Cheque That Bounced?” – Oh Yes, And You Can Send Them a Legal Surprise Too! ๐ฃ๐ฌ
๐ญ Client Question:
"I was given a cheque that bounced. What legal action can I take in India?"
๐ฅ #ChequeBounceCase #Section138 #NIAct #LegalRecovery #ChequeDishonourIndia
๐ฏ Answer: Absolutely! Welcome to the Mighty Section 138 of the Negotiable Instruments Act! ๐๐งจ
If someone gives you a cheque and it bounces due to insufficient funds, you can take criminal action under Section 138 of the NI Act, 1881. It’s not just about recovering money—it’s about accountability! ๐ฅ
✅ Here's What You Can Do Legally:
๐น Step 1: Demand Notice – Send a legal notice within 30 days of bounce informing them to pay.
๐น Step 2: Wait Gracefully – The drawer has 15 days to make the payment.⏳
๐น Step 3: File a Case – If they still don’t pay, you can file a criminal complaint in court. ๐ฏ
๐น Penalty? – Up to 2 years imprisonment or fine up to twice the cheque amount – or both!
๐ฅ #ChequeBounceLaw #Section138Notice #LegalRights #MoneyRecovery #CourtAction
๐ Benefits of Taking Legal Action:
✨ Sets a strong example – no one messes with your payments again! ๐ช
✨ Quick legal process compared to civil suits
✨ Builds pressure for out-of-court settlement
✨ Offers both criminal & financial remedy
๐ฅ #MoneyRecoveryIndia #ChequeLaw #LegalRemedy #QuickJustice #NegotiableInstrumentsAct
๐คฃ Funny But True:
If cheques could talk, bounced ones would say, “Sorry, I’m just a piece of false hope!” ๐
๐
๐ผ Got a bounced cheque? Let LEXIS AND COMPANY bounce back with a notice stronger than your morning coffee! ☕
๐ Call: +91-9051112233
๐ Website: https://www.lexcliq.com
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