logo     Home | About Us | Contact Us
round round
search a lawyer
Country:
City:
ACTS, STATUTES
letterboxSubmit Article
loginArticle Login
 
lawyer
Find a Lawyer :
Country :
State :
City :
Category :
 
Home > Employment, Criminal and Labour > Dishonour of Cheque
round round
round round
Period of Payment
Please Login to view further pages.
  1. If payment is not made within 15 days of the receipt of the notice then the offence shall be deemed to have been committed.
  2. The cause of action for filing complaint would arise after the completion of 15 days from the date the drawer receives the notice and fails to pay the amount within that period.
  3. The court cannot take cognizance prior to the lapse of the period of 15 days even if there was a denial of the liability earlier, even after denial liability to pay the amount, the accused can at any time change his mind within 15 days of receipt of notice, make payment and avoid prosecution.
  4. The offence shall be deemed to be committed only from the date when notice period expired.
The drawer cannot take the excuse that he had no reason to believe when he issued the cheque that the cheque may be dishonoured on presentation for the reasons stated above.
privious continue


round round
round round
 
round round
Introduction
What Constitutes An Offence
Offences By Companies
Presentation of Cheque Any Number of Times
Effect of Stop Payment
Notice In Case of Dishonour
Period of Payment
Remedies
Filing of A Complaint
Format
Personal Phone Legal conference
Discuss your legal concerns from anywhere in the world in person, on phone

Click here for appointment
Property / Real Estate
Legal verified real estate. Choose from our list of properties with clear title.

Search property
Home | Legal Enquiry | India Lawyers | Law Firms Lawyers | Add Lawyer Listing | Recommend to Friends | Contact Us
© copyright 2008-2009, Helplinelaw.com Terms of USE
This web site is designed for general information only. The information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship. Persons accessing this site are encouraged to seek independent counsel for advice in India   abroad regarding their individual legal, civil   criminal issues or consult one of the experts online.