Cheques are one of the simplest and most trusted ways to make payments, whether for personal needs or business deals. But what happens when trust is broken and a cheque bounce case disrupts your financial flow? It’s not just an inconvenience, it’s a serious legal issue that demands immediate action.
That’s where Legal Help Wale becomes your dependable ally. With their expert guidance, they handle every aspect of a cheque bounce case quickly and efficiently, ensuring you stay stress-free and in control. Ready to leave the hassle behind? Let’s explore how they can make this process smooth and effortless for you.
Understanding a Cheque Bounce Case
A cheque bounce case happens when the cheque issued for payment is returned to the drawer by the bank. This usually occurs due to the following reasons:
- Insufficient funds in the issuer’s account.
- Signature mismatch.
- Overwriting or errors in the cheque details.
If the cheque is dishonoured, legal action may be initiated against the issuer under Section 138 of the Negotiable Instruments Act, 1881. The issuer is required to clear the payment within a specified time. Failure to do so can lead to legal notices, court cases, fines and even imprisonment.
Legal Cases of a Cheque Bounce Case
The law is minutely defined in the treatment of a case for bounced cheques. This is the way it would go on-
1. Legal Notice
Legal notice can be given by the holder towards the drawer within 30 days of bouncing.
2. Time granted for reply
The drawer should remit the pay cheque amount by 15 days of its receiving of the notice.
3. Penalties
If proven guilty, the issuer may face:
- Monetary fines
- Compensation to the recipient
- Imprisonment of up to two years
Such consequences require an effective legal team that will deal with such cases.
How Legal Help Wale Deal With Cheque Bounce Cases
Legal Help Wale provides you with full-service cheque bounce resolution. And here’s how we do it:
1. Extensive Consultation
Our lawyers start off by knowing your case so well. We go through all the documents that exist-the bank memos, cheque details and any other related correspondence if you are either the issuer or the cheque’s recipient.
2. Legal Notices
That is why we have come up with the legal notice to the issuer so that all procedures are covered.We shall also assist the issuer to draft a response and negotiate for settlement, if possible.
3. Strong Court Representation
We present your case before the courts using the most effective words so you win the compensation or your case represented.
4. Negotiation and settlement
Not all cases go for judgments in the courts. We settle some outside the courts to save you much time and stress.
5. Ongoing support
We keep you informed at each step of the way, offering you professional guidance and support till your case has been determined.
Why go for Legal Help Wale?
Legal Help Wale is something more than a provider of a legal service. As it is your trusted solution when seeking the resolution of your case pertaining to cheque bounce, check here what makes us one from the rest:
Expertise You Can Trust: Our lawyers specialize in cheque bounce and ensure thorough law knowledge and an effective means to handle your case properly
Customize solutions
Each case is unique in its own right. We are going to draft a solution that fits your needs perfectly.
- Early Action
We act on time such that we don’t have to miss a statutory date, thus preventing wastage of time due to delays
- Transparency Communication
We are quite transparent while communicating. You will at all times be aware where your case stands and what will happen.
- Negotiating skills
We are good at out-of-court settlement, thus saving you on time and money.
Conclusion:
Going for cheque bounce case is really a tedious job but through the portal of Legal Help Wale, the task becomes really very simple and easy to deal with legal processes. We are rendering comprehensive services including drafting of notices and proceeding with court representation.
Never let a bounced cheque problem your life. Call Legal Help Wale today for professional, efficient and bespoke legal help.