Cheque bounce action under section 138
This query is : Resolved
Quick Summary
07 May 2026
Sir
1. A issued cheque to B.
2. B submitted cheque to bank.
3. Cheque bounce and B returned cheque to A with intimation letter.
4. A again issued to B which again bounced and returned by B.
My queries are:
1. When I ask B for reason B told me that for taking cognizance U/s 138 requires 3 time bounce.
I never find it anywhere.
2. In this case for taking action U/s 138 counting of days (45 days U/s 138)starting from which date? ie after cheque bounce for 3rd time of after 1st time
Regards
Abhijit
1. A issued cheque to B.
2. B submitted cheque to bank.
3. Cheque bounce and B returned cheque to A with intimation letter.
4. A again issued to B which again bounced and returned by B.
My queries are:
1. When I ask B for reason B told me that for taking cognizance U/s 138 requires 3 time bounce.
I never find it anywhere.
2. In this case for taking action U/s 138 counting of days (45 days U/s 138)starting from which date? ie after cheque bounce for 3rd time of after 1st time
Regards
Abhijit
07 May 2026
There is no "3-bounce" rule; one bounce is sufficient for legal action. The counting of days for the legal notice starts from the date you receive the return memo from the bank for the specific dishonor you intend to act upon.
08 May 2026
Thanks sir for reply.
Your valuable comment strengthening my view..
Regards
Abhijit
Your valuable comment strengthening my view..
Regards
Abhijit
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