if cheque is bounced what to do (Business Opportunities - Other Business Ads)

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if cheque is bounced what to do


If a cheque is bounced in India, the payee (the person who was supposed to receive the payment) should take prompt and appropriate action to protect their legal rights. First, obtain a cheque return memo from the bank, which specifies the reason for the dishonour, such as insufficient funds or signature mismatch. Next, the payee must issue a legal notice to the drawer (the person who issued the cheque) within 30 days from the date of receiving the return memo.

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Target State: All States
Target City : Chandigarh
Last Update : Apr 07, 2025 6:04 AM
Number of Views: 23
Item  Owner  : NRI Legal
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Contact Phone: 07428899979

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2025-04-25 (0.423 sec)