Avail 20% discount on updated CA lectures for Dec 21 .Use Code RESULT20 !! Call : 088803-20003


Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

mannu (1/2 CA)     12 May 2012


when a cheque is bounce...!! then what is time limit for issuing legal notice to party??tell me what is usally done in practical life.. if cheque of debtor bounch on 1.april2012...can i send legal notice from lawyer toay??

 3 Replies

Joey Tribbiani

Joey Tribbiani (fdg)     12 May 2012

limitation act specifies the limit to be 3 years 


deepak (Practicing Chartered Accountant)     12 May 2012


You can fsend the notice now. else you can resubmit the check and get it bounced again and then send the notice


CA SURENDRA KUMAR RAKHECHA (Practising CA at Surat)     02 August 2012

Now-a-days; a cheque is valid for 3 months from the date when it was issued. 


In your case; now you can't deposit it again into your bank. 


A dishonoured cheque must be NOTARISED within 15 days of its return. 



Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Start a New Discussion

Popular Discussion

view more »

Subscribe to the latest topics :
Search Forum:

Trending Tags