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Frequently Asked Questions (FAQs)
What is the punishment for a bounced cheque?
−Under Section 138 of the Negotiable Instruments Act, 1881, if a drawer is found guilty of a cheque bounce due to insufficient funds, they can face imprisonment for a term that may extend to two years, or a fine which may extend to twice the amount of the cheque, or both. The court may also order the drawer to pay compensation to the payee.
How many days do I have to send a cheque bounce notice?
+What happens if the drawer does not pay within 15 days?
+What documents are needed to file a cheque bounce case?
+Can a cheque bounce case be settled out of court?
+Does a bounced cheque affect my CIBIL score?
+Can I re-present a bounced cheque?
+What should I do if I receive a cheque bounce notice?
+Why Choose RegisterKaro for the Cheque Bounce Notice Drafting Service?
Navigating the complexities of a cheque bounce in India involves a clear legal framework, from understanding why a cheque might be dishonored to the steps involved in seeking legal recourse.
- Expert Legal Guidance and Compliance: Our legal team ensures your cheque bounce notice is meticulously drafted, adhering to all legal requirements and timelines under the Negotiable Instruments Act, 1881.
- Strategic Case Assessment and Tailored Solutions: We provide a customized strategy for your specific cheque bounce case, focusing on effective recovery and resolution.
- Efficient and Modern Process Management: Experience a hassle-free and efficient process for sending your notice, managed entirely online with timely updates.
- Maximizing Recovery and Resolution: We focus on strategies to maximize the likelihood of recovering your funds, including exploring amicable settlements.
- Comprehensive Support: From initial notice drafting to guidance on potential court proceedings, we offer complete support throughout your cheque bounce recovery journey.

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