Can I File a Cheque Bounce Case if the Amount Is Less Than ₹1,000?” πΈπ§Ύπ§⚖️ #ChequeBounceCaseIndia #NIAct138 #ChequeLawIndia #LegalNoticeChequeBounce #LexisAndCompany #SmallAmountRecoveryIndia Here’s a quirky but legit question that comes our way often: π “Sir, the bounced cheque is just ₹950… Can I still file a case or should I just forget it?” π
Forget? Never! Sue smartly! Even if it’s ₹950, a cheque bounce is still a punishable offence under Section 138 of the Negotiable Instruments Act, 1881 . ππ¬ #ChequeBounceLaw #NegotiableInstrumentsAct #Section138NIAct #ChequeOffenceIndia π§ What's the Law Say? There’s no minimum amount limit mentioned in the NI Act. As long as: ✅ The cheque was issued to discharge a legal debt or liability ✅ It was returned due to insufficient funds or stop payment ✅ You sent a legal notice within 30 days ✅ The drawer failed to pay within 15 days of notice π¨ You can take the offender to court. Even if it's for ₹950. Respect the p...
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