Cheque Bounce Case Procedure: From Notice to Court Resolution
A bounced cheque can lead to severe penalties under Section 138 of the Negotiable Instruments Act, including imprisonment, fines, or both. The payee must issue a legal notice within 30 days of dishonor. If the drawer fails to pay within 15 days, legal action is initiated. Understanding the cheque bounce case procedure helps protect financial interests and ensures timely resolution.