Questions You can Ask A Banking Lawyer About Cheque Bounce Cases!

​The instances of cheque bounce have been surging at an alarming rate. This predicament arises when a bank rejects a payment cheque due to inadequate funds in the payer's bank account. It's a grave offense that can have severe repercussions for the payee. On one hand, they become subject to legal proceedings; on the other, their credit score takes a hit. This can render them ineligible for loans offered by banks, a situation that should not be taken lightly.

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If you find yourself in such a situation, seeking legal recourse against the person whose cheque has bounced is crucial. Engaging with the right authorities to understand the intricacies of the process is of utmost importance. The process of filing a police complaint for a cheque bounce case can be complex, and it's essential to complete all the necessary steps. Here are some key questions to ask the specialist cheque bounce lawyers:

Question #1: Can an FIR be lodged for cheque bounce?

Answer: Usually, no FIR can be lodged in this case. However, if the case has serious consequences, it can be lodged under Section 154 of the Indian Penal Code (IPC).

​Question #2: Can police take action on cheque bounce?

Answer: In general, the police cannot take action on a cheque bounce case unless it's filed under Section 138 of the IPC. However, if the drawer of the cheque, who is obligated to make the payment, fails to respond to the court proceedings, the police may intervene. They may take action if the court issues a non-bailable warrant against the drawer, providing a glimmer of hope in such situations.

Question #3: What is the time limit to file a cheque bounce case?

Answer: Usually, the complainant is required to register a cheque bounce police complaint within 30 days of the cheque bouncing.

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The Closing Thought:

​To settle the cheque bounce case, you should speak to expert banking lawyer near me who have good and proven working knowledge in this domain. They can help you get the proper legal remedy that you actually deserve.

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