Notice under Section 138 for cheque bounce

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
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.

16 April 2010 it is thrity days, increased from 15 days w.e.f 6-2-2003

17 April 2010 yes, 30days notice require


17 April 2010 yes 30 days

26 July 2013 30 days from the date of receiving intimation from bank.




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

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries