Cheque Bounce Or Debt Recovery
Cheque bounce is a common financial offence in India governed under Section 138 of the Negotiable Instruments Act, 1881. It occurs when a cheque issued by a person is returned unpaid by the bank due to insufficient funds, account closure, or other reasons. In such cases, the payee has the legal right to issue a demand notice within 30 days of cheque dishonour and, if unpaid, initiate criminal proceedings.
Our legal services in cheque bounce matters include:
- Drafting and sending statutory demand notices.
- Filing complaints before the competent Magistrate Court.
- Representing clients (both complainants and accused) in trial proceedings.
- Negotiation and settlement assistance to recover the due amount.
- We ensure that cases are handled efficiently to safeguard your financial interests and achieve speedy justice.
Debt Recovery Cases
Debt recovery cases involve legal action to recover money owed by individuals, businesses, or institutions. Depending on the nature of the debt and the parties involved, cases can be filed before Civil Courts, Debt Recovery Tribunals (DRT), or under specific contractual provisions. Our debt recovery services cover:
- Drafting legal notices to debtors.
- Filing suits for recovery of money before Civil Courts.trial proceedings.
- Representing financial institutions, businesses, and individuals in DRT proceedings.
- Assisting in execution proceedings to enforce decrees.
- Negotiating settlements to expedite recovery.
- We adopt a result-oriented approach, combining legal expertise with strategic follow-up to ensure that our clients recover their dues effectively.
Godson Law Associates provides professional legal assistance in all types of cheque bounce and debt recovery cases.