X
Send enquiry
X
Cheque Bounce Case Lawyer in Kolkata

Cheque Bounce Case Lawyer in Kolkata

Contact- " K . GHOSH , Advocate ,CONTACT - 91-7044002839 , E-mail -kolkatalawyer@gmail.com""
3 Updates   |  

X 

Posted on: 09:54 PM - 27 Apr 17

Cheque Bounce Case Lawyer in Kolkata
cheque bounce case lawyer in kolkata has updated a Cheque Bounce Case Kolkata: Cheque Bounce Case
 

LEGAL ASPECT : The Negotiable Instruments Act, 1881 is applicable for the cases of dishonour...

 Write a comment   |   Share this

  |  Cancel

Posted on: 09:40 PM - 25 Apr 17

Cheque Bounce Case Lawyer in Kolkata
cheque bounce case lawyer in kolkata says "Contact- " K . GHOSH , Advocate ,CONTACT - 91-7044002839 , E-mail -kolkatalawyer@gmail.com"""
 Write a comment   |   Share this

  |  Cancel

Posted on: 09:26 PM - 25 Apr 17

Cheque Bounce Case Lawyer in Kolkata
cheque bounce case lawyer in kolkata has updated a Cheque Bounce Kolkata: Cheque Bounce Case
 

LEGAL ACTION : The Negotiable Instruments Act, 1881 is applicable for the cases of dishonour...

 Write a comment   |   Share this

  |  Cancel
Posting your question. Please wait!...


( CALL : 7044002839 for Free Phone Consultation )
   
Non-Payment of cheque amount is an offence under 138 of the Negotiable Instruments Act , 1881.Cheques are used in almost all transactions such as re-payment of loan, payment of salary, bills, fees, etc. A vast majority of cheques are processed and cleared by banks on daily basis. Cheques are issued for the reason of securing proof of payment. Nevertheless, cheques remain a reliable method of payment for many people. On the other hand, it is always advisable to issue crossed “Account Payee Only” cheques in order to avoid its misuse.
   A cheque is a negotiable instrument. Crossed and account payee cheques are not negotiable by any person other than the payee. The cheques have to be deposited into the payee's bank account.
   Legally, the author of the cheque is called ‘drawer’, the person in whose favour, the cheque is drawn is called ‘payee’, and the bank who is directed to pay the amount is known as ‘drawee’.
   However, cases of cheque bounce are common these days. Sometimes cheques bearing large amounts remain unpaid and are returned by the bank on which they are drawn.
   
IF A CHEQUE IS DISHONOURED ::
   
   When a cheque is dishonoured, the drawee bank immediately issues a ‘Cheque Return Memo’ to the banker of the payee mentioning the reason for non-payment. The payee’s banker then gives the dishonoured cheque and the memo to the payee. The holder or payee can resubmit the cheque within three months of the date on it, if he believes it will be honoured the second time. However, if the cheque issuer fails to make a payment, then the payee has the right to prosecute the drawer legally.
   The payee may legally sue the defaulter / drawer for dishonour of cheque only if the amount mentioned in the cheque is towards discharge of a debt or any other liability of the defaulter towards payee.
   If the cheque was issued as a gift, towards lending a loan or for unlawful purposes, then the drawer cannot be prosecuted in such cases.
   
   FINE POINTS: CONDITIONS FOR PROSECUTION : :
   
   
Legally, certain conditions have to be fulfilled in order to use the provisions of Section 138 of N.I.ACT 1881.
   The cheque should have been drawn by the drawer on an account maintained by him.
   The cheque should have been returned or dishonoured because of insufficient funds in the drawer's account.
   The cheque is issued towards discharge of a debt or legal liability.
   After receiving the notice, if the drawer doesn't make the payment within 15 days from the day of receiving the notice, then he commits an offence punishable under Section 138 of the Negotiable Instruments Act.
   
   
    Contact- K . GHOSH, Advocate
    Mobile: 91-7044002839
    E-mail: kolkatalawyer@gmail.com

About

( CALL : 7044002839 for Free Phone Consultation )
   
Non-Payment of cheque amount is an offence under 138 of the Negotiable Instruments Act , 1881.Cheques are used in almost all transactions such as re-payment of loan, payment of salary, bills, fees, etc. A vast majority of cheques are processed and cleared by banks on daily basis. Cheques are issued for the reason of securing proof of payment. Nevertheless, cheques remain a reliable method of payment for many people. On...

Cheque Bounce Case Kolkata

Cheque Bounce Case

LEGAL ASPECT :

The Negotiable Instruments Act, 1881 is applicable for the cases of dishonour of cheque. This Act has been amended many

Contact Us

Overview:
Best Lawyer for Cheque Bounce Case in Kolkata. Provides speedy and effective results to the clients.
Address:
Available in :: Alipur Judges Court Bar Library, 18 , Judges court Rd. , Kolkata-27 . Come with prior Appointment.
Email:
kolkatalawyer@gmail.com
Phone:
7044002839
Tell your friends >
about this page
 Create a new Page
for companies, colleges, celebrities or anything you like.Get updates on MyPage.
Create a new Page
 Find your friends
  Find friends on MyPage from