Advantages of Hiring Cheque Bounce Lawyers in Delhi

1. Advantages of Hiring Cheque Bounce Lawyers in Delhi Everyone in India uses checks to send and receive money. Nevertheless, you must retain the services of Cheque bounce lawyers in Delhi if you come into possession of a dishonoured or bounced cheque, are served with a notice for a cheque bounce, or are served with a court summons for a 138 Negotiable Instruments Act (NIA) complaint. If you want to know why a cheque could bounce and if you should retain legal representation, read this article. In 2018, updates were made to the Negotiable Instruments Bill. Chapter 138 of the Cheque Bounce Act addresses the issue of dishonoured checks. It is also mentioned as a crime. If the cheque bounces, the person who received it must pay twice the original amount as restitution. This sum is subject to a two-year sentence for the drawer who cannot pay it. The drawer could face double the fine and two years in jail if the situation is dire. For recovering the amount Seek legal counsel if you have been the beneficiary of a dishonoured or bounced cheque due to a lack of money in the drawer's bank account. If your cheque bounces, Cheque bounce lawyers in Delhi can assist you in recouping the funds plus interest by pursuing the appropriate legal actions under the Negotiable Instruments Act, section 138. Notice

2. Before taking any further action, a skilled professional can assist you with issuing a statutory notice to the drawer in case of a cheque bounce. When they file the petition on your behalf, they can be the leader of the Power of Attorney (POA). It keeps you out of legal problems If you have hired cheque bounce lawyers in Delhi, you won't have to worry if a cheque you issued to someone bounces. By the Negotiable Instruments Act section 138, a court summons will likely be issued against you. To avoid massive liabilities, it is wise to retain the services of a lawyer who specializes in handling cheque bounce cases in court. It is important to note that dishonouring or having a cheque bounced are both considered criminal offenses in India. Procedure for Cheque Bounce Case For those unfamiliar with the nuances of the law, the following steps to take in the event of a cheque bounce could seem daunting. Cheque bounce lawyers might greatly assist in following the legal procedure. • Within thirty days following the memo's date, you must notify the debtor if a cheque bounces. The bank-issued bounced cheque should have the notice attached to it. •Notices of bounced checks should accurately reflect the amount due after you receive the check from the bank. Also included in this claim notice should be the information that the debtor has fifteen days to pay the right amount and resolve the issue. • A deadline of fifteen days from the date of notice receipt will be given to the debtor to resolve this issue. During these fifteen days, or until the debtor repays the money, you cannot initiate legal action against them.

3. • However, you can bring a criminal case against the debtor in the proper court if they do not pay the sum within the fifteen days specified in the notice. After the fifteen-day period ends, you have thirty days to submit a criminal complaint. •If you have taken over 30 days to file the criminal complaint, the court will not overlook the delay. Conclusion You shouldn't take the bounce of a cheque lightly, even though it happens often. You should seek the assistance of cheque bounce lawyers in Delhi if you have been served with a court summons due to a bounced cheque. Patrons Legal Email: info@patronslegal.com Phone:+91-9650619671 Website: https://www.patronslegal.com/