Loan and credit cards have become an integral part of our life as the majority of Indians is living the life of their dream just because of these loans and credit card, and it is needless to mention that it is indeed a bait for everyone as it lets you buy stuff i.e. home, car and so on. Well, this piece of annotation, we are going to throw light on another aspect that is often faced by the people when paying the instalment of the loan and that is bounced a cheque. It goes without saying it is much of hassle to get things done and if you are totally clueless, then here we will help you to have a better understanding and at the same time it will help you to have necessary action if you are caught up in such situation.
There are various circumstances under which a cheque can be bounced thus it becomes much more important to know. In addition, here we have enlisted all the possible reasons for due to which the cheques are dishonoured. Cheque bounce is a criminal offence in India covered under a section of 138 of the Negotiable Instruments Act.
- Signature not matching
- Any sort of overwriting on the cheque
- Insufficient funds in the account
- Lawyers For Bounced Cheque in Pune
- Crossed cheque
- Insanity of the customer
- Crossing the limit of the overdraft
These are a few reasons that we have enlisted here as there are many others, therefore, it becomes and way more important to know about the process and one of the best ways is to take legal assistance and you can easily find Lawyers For Bounced Cheque in Pune. In addition, it is necessary to know about the legal options as this will help you to hire the best service provider who will help you to get things done and you can easily come out of the legal hassle without much issue and hassle.
As we all know there is numerous adept professional but it is important to choose wisely so that you are sure that you have the best lawyer in the town to defend your case. Apart from that here we bring you some of the points that you need to keep in mind so that you can easily manage the legal hassle. Top cheque bounced lawyer in Pune will give you all around service which is indeed one of the best ways through which you can get things done in the right manner.
Important Things to be kept in mind!
- Dishonour of a cheque due to stop payment is also covered under the section of Negotiable Instruments Acts.
- A cheque is valid for ninety days from the date it is issued.
- One has to file the complaint within the first thirty days else, it will not be considered worthy to file a complaint.
Apart from this, it is important to know about the rules and legislation pertaining to the laws, as this will certainly help you to settle the dispute in the most cordial way.