Section 138 (Cheque Dishonor Notice)

What is Section 138 Notice?

When cash isn’t always received or a check bounces, Section 138 Notice can be applied. Within 30 days of the check being lower back or now not being paid, it allows the recipient to inform the test company according with Section 138 of the Negotiable Instruments Act. The beneficiary has issued a stern and forceful order to the test company declaring that extra action would be taken if the fee is not performed. Receiving a segment 138 notification filing is a crook crime.
 

How to use it?

A reference to Section 138 of the Negotiable Instruments Act, info on the date the test become submitted, the purpose for the non-recognition of charge, and a request for the test company to make different arrangements for price should all be covered within the word. For a Section 138 Notice to be considered authentic, it ought to receive to the test issuer inside 30 days of the take a look at being lower back for nonpayment. If required, it need to also encompass the order data and the money payable.

Our Services

With a free consultation call, you may decide whatever document you want our skilled attorneys to prepare, learn about its importance, and have it tailored to your specific company needs.

Allow us to create a Section 138 (Cheque Dishonor Notice) entirely from scratch, according to your specific requirements!

Scroll to Top