Can I file a case against cheque bounce?
Can I file a case against cheque bounce?
a cheque bounce is a criminal offence stipulated under Section- 138 of the Negotiable Instruments Act, 1881. However, in case of a cheque bounce, the aggrieved party can file a criminal as well as a civil suit against the accused.
How long does it take to get the court Judgement on a cheque bounce case in India?
How long does it take to get the court Judgement on a Cheque bounce case in India? If the case goes to court the judgement may take anywhere around 2 to 5 years to take effect. The legal recourse for cheque bounce cases is straightforward in Indian Law [under the negotiable instruments act].
How long does a cheque bounce case take?
The time taken depends on the district court you are filing your case before. The case load and infrastructure a court has are factors to consider. A cheque bounce case will realistically take you anywhere from 1 to 2.5 years to conclude.
Which is the most common case of cheque bounce in India?
Cheque bounce cases are some of the most common cases before courts in India with close to 40 lakh cheque bounce cases pending as per reports of the Supreme Court. A cheque bounce happens due to insufficient account balance, expired validity of cheque and overwriting among other reasons.
When to reply to legal notice for cheque bounce?
Preliminary evidence in shape of Affidavit In case you receive a legal notice for payment of money in a cheque bounce case, then you have to send a reply to such notice within 15 days from the date on which the notice has been received.
Can you file 420 case along with cheque bounce?
For adding the section 420, we need to point out specifically the malafide intentions of the accused. We can pressurise for double amount of the cheque bounced and interest on the same till final disposal of the case. It depends upon the accused, how early he wants to pay you else it takes normally 10-12 hearings in the court to solve the matter.