Category

Cheque Bounce Litigation

A cheque bounce lawyer can help you in recovering the amount with interest by taking the necessary legal measures under section 138 of the Negotiable Instruments Act.

According to Section 138 of the Act, the dishonor of a cheque is a criminal offense and is punishable by imprisonment for up to two years or with a monetary penalty, or with both. If the payee decides to proceed legally, then the drawer should be given a chance of repaying the cheque amount immediately.