Negotiable instruments act,1881


Archit Rao (Student CA Final )     25 July 2014

Archit Rao
Student CA Final  
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Is is it necessary to give notice of dishonour in case of a cheque?

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Santhosh Poojary (SIEMPRE AHÍ PARA TI)     26 July 2014

Santhosh Poojary
SIEMPRE AHÍ PARA TI 
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The requirement of giving of notice is mandatory...

 If no notice making a demand for payment is served upon the drawer within 30 days from the date of dishonor of cheque, a complaint is not maintainable unless the complainant satisfies the Court that he had sufficient cause for not making a complaint within such period.

Notice means a notice in writing...

The notice need not necessarily be by registered post only. It can be sent by a telegram, fax or by a letter as well.....!

However it is preferable to send the notice by registered post, as that is clear evidence of service...!



 


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