How many day notice should be given to drawer in a cheque bounce case?

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    • December 21, 2018 at 9:04 am #4994
      Anonymous
      Guest

      Dear Sir, How many day notice should be given to drawer of the cheque in a cheque bounce case?

    • December 23, 2018 at 11:47 am #5003
      Dr. Ashok Dhamija
      Advocate

      As per the provisions of clause (c) of the Proviso to Section 138 of the Negotiable Instruments Act, the drawer of the cheque is required to make the payment within a period of 15 days from the date of receipt of notice from the payee of the cheque.

      Therefore, the a notice of 15 days (from the date of receipt of the notice) is required to be given to the drawer of the cheque.

      If the drawer fails to make payment within this period of 15 days, then a complaint under Section 138 of the Negotiable Instruments Act can be filed for cheque bounce case (provided, of course, if other conditions mentioned in that section are satisfied).

           

      Dr. Ashok Dhamija is a New Delhi based Supreme Court Advocate and author of law books. Read more about him by clicking here. List of his Forum Replies. List of his other articles. List of his Quora Answers. List of his YouTube Videos.

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