Cheque bounce intimation letter

Save Share

This query is : Resolved

Quick Summary

Discussion is about cheque bounce due to insufficient funds and legal steps under Section 138. Intimation letter to drawer is optional, but issuing a legal demand notice is mandatory. Case can be filed if statutory timelines are followed (notice within 30 days and waiting period thereafter).

abhijit majumder

abhijit majumder (Querist)
Follow

07 April 2026 Sir
Party issued cheque which was bounced due to 'insufficient fund'.
Does the person (drawee) intimate drawer by letter about the Bounce and if no reply then formal legal Notice to initiate legal proceeding u/s 138 be possible?
Then what is the time frame.
Regards
Abhijit

Aashok Kumar Sharma

Aashok Kumar Sharma

(Expert)
Follow

07 April 2026 • Intimation letter → ❌ Optional
• Legal notice → ✅ Mandatory
• Timeline → 30 days + 15 days + 30 days
• Case possible → ✔ Yes, if timelines followed strictly

abhijit majumder

abhijit majumder (Querist)
Follow

07 April 2026 Thanks Sir for reply
Abhijit

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now