For the majority of us, life has gotten easier with the introduction of the digital payment system. Transactions in banking are becoming quicker and easier. However, many people still prefer to conduct financial transactions with cheques.
Cheques have long been seen as a secure way to send money and make purchases. Nevertheless, there is a chance of a “bounce” or “dishonour” when using cheques. There is a chance of fines, penalties, and perhaps jail time.
Need A Legal Advice
The internet is not a lawyer and neither are you. Talk to a real lawyer about your legal issue
Cheque Bounce Case
- A cheque bounce case is considered a criminal offense according to Section 138 of the Negotiable Instruments Act, 1881 (“Act”). You run the danger of two years in prison, a fine equal to twice the amount on the cheque, or both.
- A cheque is deemed bounced when it is delivered by the payee to the bank for clearance as well as the bank returns it along with a memo saying that not enough money is in the account.
Who are the Parties to the Cheque Bounce Case?
Drawer
The “author of the cheque,” or the person who issues the cheque, is referred to as the Drawee. (The debtor may be the drawer.)
Payee
The individual in whose favour the cheque is drawn, or the person to whom the amount specified in the cheque is payable, is referred to as the Payee. (The creditor may be the payee.)
Drawee
The bank that the drawer has an account with and from which the amount on the cheque is to be paid; in other words, the bank that receives the payment instruction is the drawee.
Payee’s Bank
Also known as “Payee’s Banker,” this bank is the one where the payee has a bank account and where the cheque amount is to be deposited or credited (especially when a cheque is crossed).
Find a Good Advocate for Cheque Bounce Case?
A good advocate is your first priority in a cheque bounce case. There a person must know how to find a good advocate for cheque bounce cases. The procedure goes as this:
Know Your Issue
You must first comprehend your legal problem. The legal field includes a broad spectrum of practice areas. You must locate a lawyer who specializes in the type of law you are facing. You should ask yourself a few questions, such as: Who are the parties involved in this matter? How do they relate to one another? How did their deeds influence one another?
Consult Family and Friends:
Without a doubt, you should discuss your problems with friends or relatives. A well-known saying goes, “Learn from the mistakes of others.” You won’t have enough time to create them all on your own. They may be able to help you make the best decision because they may have dealt with a similar issue in the past.
Search Online Trusted Websites
Our society benefits greatly from the internet. You have easy access to all the important information about your problems. Google has a huge list of attorneys and advocacy groups. If you have some basic research abilities, you can find the best law firm with ease.
Check out the Reviews
It is highly recommended that you review the clients’ experiences. What are the opinions of their clientele on the services they received? On their websites, you can read the testimonials and remarks left by the customers they have helped. Reviews typically provide information about a company’s reliability and legitimacy.
Book an Appointment
The most crucial stage at this point on how to find a good advocate for a cheque bounce case is to locate a qualified attorney for your case. Bring all relevant documentation with you, and fully describe the issues to your legal advisor. Instead of speaking with the legal counsel over the phone, make every effort to meet with him. It is imperative that you inquire about the person’s experience with the problems you are encountering.
For any type of legal assistance, one can talk to lawyer from Lead India. Lead India provides free online legal advice in India. With Lead India, one can ask free online questions of the experts in addition to getting free legal advice.
Talk to a Lawyer