A complete guide to cheque bounce cases under Section 138 of the N.I. Act in India
Legal Guide · N.I. Act Understanding Section 138 of the N.I. Act A Complete Guide to Cheque Bounce Cases in India — From Legal Notice to Final Judgment By Advo e-Works · 7 Stages Explained · Legal & Compliance Services Navigating the legal landscape of a cheque bounce can be complex and stressful. Under the Negotiable Instruments Act, Section 138 provides a clear, structured process to address this issue. Here is a stage-by-stage breakdown — from the initial notice to the final judgment. 30 Days to issue legal notice after dishonour memo 15 Days given to accused to settle after notice 30 Days to file complaint after notice period expires 7 Stages in the legal process 01 The Legal Notice Step 1 The first and ...