16 April 2010
I have received a cheque for final settlement from my tenant against the pending rental dues. However, the cheque got bounced for reason "ACCOUNT CLOSED". The tenant is also not vacating, but instead filed a civil suit for injunction against forcible eviction. I tried to book him under section 420 of IPC for issuing a invalid. I want to know what is the time limit for issuing notice u/s 138 for cheque bounce. Some say it is 15 days, while some say it is 30 days.