There is a fixed format of legal notice for cheque bounce which we will. A statement that you just bestowed the cheque among its amount of validity. The cheque bounce notice must contain the name of the cheque beneficiary, check issuer name and address, date of return of cheque, reason for return of cheque, request to make arrangements for alternate payment immediate and the words that the notice is. In case a cheque given to you has bounced, send a letter a demand notice to the party that wrote the cheque the drawer, threatening to initiate proceedings under the negotiable instruments act ni act if the amount due is not paid. It is available for free download in pdf and docs format. A legal notice is a notice indicating your opponent that you are preparing to litigate a lawsuit against himher in case if the so called demand is not fulfilled why you should send legal notice. Cheque bouncing case where cheque is presented 20 8. Cheque bounce notice format indiafilings document center. Cheque bounce charges punishment and penalty related to.
The threat of prosecution usually results in prompt settlement if the. If the company does not pay the amount within 15 days from the receipt of the notice, you can file complaint under. Format for legal notice for cheque bouncedishonour. The suggested format of the notice under section 8 ni act is given at the below link which can be download. Contact us at 0112335 5388 or mail us through contact us page of our website. There should always be a legal debt for it to be valid as a cheque bounce. Stop payment of cheque how to file complaint options. Dec 28, 2014 a brief description of how to issue cheque bounce notice by our experts with important tips and format of suggested notice under section 8 of the negotiable instruments act. The payee gives a notice to the drawer claiming the amount within 15 days of the receipt of the information by the bank and. The bank has warned us strictly about your credit rating. Seek services from a lawyer to send a notice on your behalf or you can send a notice yourself to the person who gave you the cheque and call for action, failing which you will take legal.
How to deal with a cheque bounce notice wiredtechno. Print or download your free letter of demand in minutes. What action can be taken for a bounced cheque in india. Learn to save, spend, invest and borrow consciously by just subscribing to our. Notice under section 8 has to be issued within one month of bounce of cheque. Download format of legal notice against return of cheque to be served to the drawer before filing criminal complaint us 8 of of negotiable instruments act. Cheque bounce notice format on the letterhead of the advocate to, nameaddressstate, city, pin codesub. The negotiable instruments amendment bill, which was. Cheque bounce section 8 dishonoured cheque notice, format. You can also download the cheque bounce notice letter format in the following formats. Mar 08, 2019 yes, you can send a legal notice when the cheque is bounced. Act, 1881 as amended uptodate issued by the complainant and the said notice was despatched by regd. Cheque bounce notice must be issued by the payee to the defaulter, within 30 days of dishonor of cheque, by registered post or speed post acknowledgement due. The cheque bounce notice must be proper format, with information like nature of transaction, amount, date of cheque deposit, date of cheque bounce, reason for cheque bounce and request.
If you want to take legal action than you have to follow these steps first. Cheque bounce notice format negotiable instrument act. Notice format under section 8 negotiable instruments act. It is smart, accurate, errorfree and most importantly is efficient. If you need additional help or more examples check out some of the sample letters below. Applying for sms alert service please visit any meezan bank branch and submit your completed sms alert registration form available at all branches. A cheque bounce is governed by the section 8 of the negotiable instruments act, 1881. Key points to note 39 annexure a format of notice by company firm 40 annexure b format of notice by individual 42 about us 44 notes. For example, when an employer takes a cheque as security for hiring you, and you leave without a notice period, then it is not a cheque bounce case. Format notice of cheque dishonour this is a form of notice under section 8 of negotiable instrument act, 1881 for dishonour of cheque under certain grounds.
Download notice format under section 8 in pdf and docs. This section 8 notice format is drafted by our legal and law experts. Jan 10, 2020 this letter is written in a polite manner but informs the reader about the bounced cheque. In simple words, cheque is an instrument given by the account holder called the drawer to a specific person called the payee, directing the drawers bank called the drawee.
Dishonour of cheque cheque bouncing sample questions. Notice under section 8 should be issued within one month of the. The cheque bounce notice must be in a proper format consisting information regarding the transactional nature, the amount involved, the date on which cheque deposited with a bank, cheque bounce date, the reason of cheque bounce, and beneficiary made the payment request within 15 days. The beneficiary has intimated the maker of the cheque within 30 days from the date of bouncing of the cheque.
The cheque bounce notice must contain the name of the cheque beneficiary, check issuer name and address, date of return of cheque, reason for return of cheque, request to make arrangement for alternate payment immediate and the words that the notice is issued under section 8 of the negotiable instrument act. Format for legal notice for cheque bounce dishonour. Notice under section 8 should be issued within one month of the bounce of the cheque. A cheque has been one of the most commonly used methods for payments. This is a suggested notice format under section 8, also called check bounce notice format.
Jun 11, 2016 legal notice for cheque dishonour format sample template example of legal notice for cheque dishonour format in word doc pdf free download bank companys legal notice letter to customer clicent endorser for cheque bounce cheque return. The business letter can be sent via email, post courier or fax. It is necessary to send a legal notice within 30 days from the date of return dishonour. How to issue cheque bounce notice legal helpline india. Step 1 collect the notification slip mentioning the reason for bounce and bounced cheque from the bank. Ram manohar lohiya national law university, lucknow, up. On receipt of the information about the dishonour of the cheque you immediately issue notice demanding payment of the cheque amount within 15 days of receipt of notice. The ingredients of the offence as enunciated under sec. Format for cheque bounce notice answered by expert cheque bounce lawyer. Legal actions to take in case of cheque bounce labour. Drafting a legal notice for the bouncing of a cheque would require an understanding as to what constitutes the offence of dishonour of cheque. Additionally, you can also download other legal forms related to banking finance laws here. In case this is the 2nd reminder about the bounced cheque, and you. It saves the time and cost of the litigation if the parties comply with the demand of the notice.
The cheque bounce notice must contain the name of the cheque beneficiary, check issuer name and address, date of return of cheque, reason for return of cheque, request to make arrangements for alternate payment immediate and the words that the notice is issued under section 8 of the negotiable instrument act. Cheque bounce notice provides the drawer, a time period of 15 days from the date of receipt of a notice to make the payment. A check given as a security is not valid for a cheque bounce case. Legal notice for cheque bounce can be easily drafted with the help of a lawyer that. The legal recourse for cheque bounce cases is straightforward in indian law under the negotiable instruments act. Download free sample formdocument for cheque bounce notice format in word format at lawrato. If you have received a cheque that has bounced, you have two options. Cheque bounce notice format format download free legal. Present the cheque before the bank, you will receive a bank memo stating the reason for return of the cheque. Bill for quick prosecution in cheque bounce cases passed.
An instant sms alert to inform you that your cheque has been dishonoured. Cheque bounce notice cheque bounce notice format sample. Notice format under section 8 negotiable instruments act pdf. A stepbystep guide for legal recourse the dishonour of cheque is a criminal offence and is punishable by imprisonment up to two years or with monetary penalty or with both. The cheque must have been drawn for discharge of existing debt or liability. Notice format under section 8 legal helpline india. Legal notice format to serve to the debtor against return of cheque. Mar 22, 2019 notice format under section 8 with pdf this is a suggested notice format under section 8, also called check bounce notice format.
Notice under section 8b of the negotiable instruments act 1881 as amended uptodate. A cheque is said to be dishonoured or bounced when it is presented for payment to a bank but it is not paid by the bank because of some reason. Sample letter to customer for returned cheque ritika srivastava 032514 please note that the cheque date 12 july 20 and no. You will receive the sms activation alert within three days of submission, acknowledging that you have successfully registered for the service.
The cheque has been provided for settlement of any past liability. Stop payment of cheque how to file complaint options to. This sample letter can be used by any organization which provides a product or service. Cheque bounce an instant sms alert to inform you that your. Notice format under section 8 with pdf this is a suggested notice format under section 8, also called check bounce notice format. Legal notice for cheque dishonour is very important for taking legal action under section 8 of ni act of bangladesh. The cheque is returned unpaid because the amount available in that account is insufficient for making the payment of the cheques. Use chequeman to issue professionally computer printed cheques.
Section 8, ni act position of law on cheque bounce and punishment in india download pdf the author, akanksha yadav is a 2nd year student of of dr. One could then file the cheque bounce case if the person fails to pay within 15 days of the issue of the demand notice. It is necessary to send a legal notice within 30 days from the date of return dishonour of cheque asking the noticee to pay the amount within 15 days. Sample template example for cheque bounce cheque return legal case notification complain letter to customer india in word. The drawer of the cheque should present the cheque within 30 days from the date of dishonoring of the cheque just to protect his rights as stated in the negotiable instrument act bouncing off the cheque is a serious issue as served to the maker of the. A brief description of how to issue cheque bounce notice by our experts with important tips and format of suggested notice under section 8 of the negotiable instruments act. Cheque bounce or cheque nonpayment in a serious offence in india punishable with imprisonment or fine under section 8 of the negotiable instruments act. The notice should state that the cheque amount must be paid to the payee within 15 days of receiving the notice. Demand letter free letter of demand template ireland. Legal notice for cheque dishonour free online legal. Keep your financial cognizance up to date with wealth doctor app. Make certain that the letter does not include any words that would sound a threat or serious action. A bill for quick prosecution in cheque bounce cases and provide compensation to the complainant was passed by the lok sabha today.
You can also download the format in the following formats. The cheque bounce notice must contain the name of the cheque beneficiary, check issuer name and address, date of return of cheque, reason for return of cheque, request to make arrangement for alternate payment immediate and the words that the notice is issued under section 8. The notice here is a sample legal notice issued by the advocate of the payee specifying a 15 days time given to the drawer in fault to pay the unpaid cheque. The cheque has been, presented to the bank within a period of six months from. Notice format under section 8 check bounce notice format pdf. Data concerning the rationale of dishonour of cheque. Format of complaint in section 8 cheque dishonour case. You can send the person a notice and then if there is no response after 15 days, you can send them a legal notice, by filing a complaint in court.
In india, cheque bounce is a serious offense which is punishable by imprisonment and fine which is stated in the negotiable instrument act. Format for cheque bounce notice answered by expert chequebounce lawyer. You need to include the words that are kind and polite but will even serve the purpose. Chequeman cheque printing software with free trial. Legal notice format to serve to the debtor against return of. Legal notice format to serve to the debtor against return. If the drawer still fails to pay money to the payee within 30 days of receiving the notice, the payee has full right to file a criminal report against the drawer as per the section 8 of the negotiable instruments act, 1881. Use our free bounced cheque inform to help you get started. The fact of such dishonour of the cheque had been communicated to the accused person by a notice us. The format can be also downloaded for free in pdf version from the link provided after the format.
It is printed on standard cheque leaves provided by banks using any standard laser or inkjet printer. Legal notice for cheque dishonour format sample template example of legal notice for cheque dishonour format in word doc pdf free download. Basics of drafting a legal notice under section 8 of the. The maker of the cheque has not paid the amount within 15 days from the date of serving the notice regarding the bouncing of the cheque. Know more about cheque bounce notice, cheque bounce notice format, cheque bounce notice. We provide all services of drafting and vetting of legal formats, legal documents. In case of cheque bounce, a cheque beneficiary must present the cheque issuer with a cheque bounce notice under section 8 within 30 days of return of the. Download format of legal notice against return of cheque to be served to the drawer before filing criminal complaint us 8 of of negotiable instruments act against return of cheque in case of return of cheque due to insufficient fund in the account, a legal notice needs to be served to the drawer of the cheque.
This is a sample letter which is a format to a customer for informing about a returned cheque as a payment for a company product or service. Easily customise our online template to state your needs in writing. Mx1280095 which i applied in the bank for payment was returned back because there was not sufficient balance in your account. Notice format under section 8 check bounce notice format. A step by step guide for cheque bounce notice in india.
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