Asked in Cheque Bounce
1. You can File money recovery case in court through lawyer.
Dear Client, Cheque bounce is a criminal offence in India, covered under Section 138 of the Negotiable Instruments Act of 1881. So, if a complaint is filed in a court and, if found guilty, the defaulter can be punished with a prison term of two years and/or a fine, which can be as high as twice the cheque amount. Thank you.
Dear Sir, You may lodge a complaint with the Police then Police will enquire into the matter and summon all the concerned persons and trace out the truth.
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