• Cheque bounced

I have given Mr. Prabhu a cheque and that was bounce on 23rd of Dec 2013. He has send me a reminder on 25th dec 2013that " the cheque is bounced and be ready for legal action. Is this email will be taken as legal notice and within 15 days period will calculated from the day of email or from the day of cheque bounce?
Asked 3 years ago in Business Law from Dhenkanal, Orissa
For cheque already bounced you are liable, but; pending cheques can be stopped as suggested.

thanks.
Feroz A. Shaikh
Advocate, Mumbai
407 Answers
58 Consultations
4.4 on 5.0
This is not a valid notice. The drawee has to make a demand for payment of dishonoured cheque . If that is the exact language in the e-mail then there is no demand to make payment.
Drawee has to send notice within one month of dishonour of cheque.
H. S. Thukral
Advocate, New Delhi
526 Answers
141 Consultations
5.0 on 5.0

Ask a Lawyer

Get legal answers from top-rated lawyers in 1 hour. It's quick, easy, and anonymous!
Ask a Lawyer

Business Lawyers

T Kalaiselvan
Advocate, Vellore
17283 Answers
165 Consultations
5.0 on 5.0
Ajay Sethi
Advocate, Mumbai
27151 Answers
1471 Consultations
5.0 on 5.0
Krishna Kishore Ganguly
Advocate, Kolkata
13544 Answers
291 Consultations
5.0 on 5.0
Ashish Davessar
Advocate, Jaipur
19555 Answers
506 Consultations
5.0 on 5.0
Devajyoti Barman
Advocate, Kolkata
6856 Answers
78 Consultations
4.9 on 5.0
Nadeem Qureshi
Advocate, New Delhi
3799 Answers
148 Consultations
4.9 on 5.0
Shivendra Pratap Singh
Advocate, Lucknow
3146 Answers
47 Consultations
4.9 on 5.0
Rajgopalan Sripathi
Advocate, Hyderabad
969 Answers
69 Consultations
5.0 on 5.0
Shashidhar S. Sastry
Advocate, Bangalore
1294 Answers
69 Consultations
5.0 on 5.0
Anilesh Tewari
Advocate, Lucknow
69 Answers
0 Consultations
5.0 on 5.0