Expert Legal Advice in Delhi NCR for section 138 of NI Act cases:
“Expert Legal Advice” has successfully handled a series of cases under section 138 of the Negotiable Instrument Act, 1881 and got the favourable orders / judgments for its clients. Expert Legal Advice has excellent team of lawyers for handling the matters relating to dishonour of negotiable instruments.
Cheque bouncing or dishonor of negotiable instrument is a serious offence under the Negotiable Instrument Act, 1881 (NI Act) which may result into 2 years of imprisonment or fine of the twice the amount in question or with both.
When any cheque / negotiable instrument is returned unpaid by the bank due to insufficient fund in the account or it exceeds the amount to be paid from that account by an agreement made with that bank, the cheque issuer person deemed to have committed offence under the NI Act.
Upon return of unpaid cheque by bank, a demand notice to issuer of cheque is required to be sent within a period of 30 days of the receipt of intimation from bank.
The demand notice is giving an opportunity to issuer of cheque to pay the amount in question within a period of 15 days from receipt of notice. It is suggested to issue a suitable demand notice through expert lawyers so that matter will be settled amicable without intervention of the court.
If matter is not settled on the demand notice period and issuer of cheque has not made the payment in question, a complaint under section 138 of NI Act shall be filed within a period of 30 days from the expiry of notice period.
Expert Legal Advice has team of expert lawyers for handing the matters for both sides i.e. complainant and defendant.
If you wish to file cases / defend cases under section 138 of NI Act / Cheque bouncing matters / dishonor of cheque matters through Best Lawyers in Delhi NCR, you may reach out to us at firstname.lastname@example.org; email@example.com or connect us at +91 9818865693