How do I write a legal notice under section 138?
Notice Format under Section 138 The cheque no. [___] dated [___] for an amount of [___] drawn on the [___] branch, was issued by you in lieu of discharge of your financial liabilities to us. The said cheque was presented for payment, but the same has been returned by your bank with the endorsement [___].
How do you draft a cheque bounce legal notice?
What should a Cheque Bounce Notice Format cover?
- Name and address of the parties involved.
- Cheque number and the amount on the cheque.
- Brief summary of the facts generating the claim.
- Reason for cheque bounce with receipt of return memo sent by the bank.
- Date on which cheque was made by the drawer.
What is the requirement of sending a legal notice under section 138 of Negotiable Instruments Act?
In case of dishonours of a cheque according to Section 138 of NI Act of the Law on Negotiable Instruments, this Notice shall be given to the defaulting debtor via a Notice from the unpaid creditor (payee) through an Advocate. The Notice is a sample legal warning, giving 15 days to the drawer to pay the unpaid checksum.
How do I deal with section 138?
Legal action According to Section 138 of the Act, the dishonour of cheque is a criminal offence and is punishable by imprisonment up to two years or with monetary penalty or with both. If payee decides to proceed legally, then the drawer should be given a chance of repaying the cheque amount immediately.
Can we send legal notice by courier?
A legal notice could be sent through a Registered A.D. or through a courier. There is no specific procedure to issue a legal notice. There is no compulsion to send a legal notice only through a Registered A.D. or through a courier.
How do you write a legal draft?
Although mastering legal drafting takes time and practice, superior writing skills are essential to success, and you can take steps to improve yours.
- Remember Your Audience. Robert Daly/Caiaimage/Getty Images.
- Organize Your Writing.
- Ditch The Legalese.
- Be Concise.
- Use Action Words.
- Avoid Passive Voice.
- Edit Ruthlessly.
How is section 138 notice format drafted in India?
This section 138 notice format is drafted by our legal and law experts. This notice format under section 138 is specially drafted for India. For services of legal format drafting and vetting of legal documents, we are providing full support through our well connected legal club.
When to send legal notice under Section 138 of the Negotiable Instruments Act?
A notice served under Section 138 of the Negotiable Instruments Act should be issued within one month of the bounce of the cheque is sent through registered AD post only. Sub.:- Legal notice under Section 138 of the Negotiable Instrument Act.
When to file a case under Section 138?
The case under Section 138 of the Negotiable Instruments should be filed within 15 days of receipt of the date of issuance of the Notice Under Section 138. We provide all services of filing cases under Section 138 of the Negotiable Instruments with our team of experts.