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What are the requirements of the legal notice S...

What are the requirements of the legal notice Section 138 of the Negotiable Instrument Act?

What are the requirements of the legal notice Section 138 of the Negotiable Instrument Act?

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Chiranjibi Chapagain Aug. 03, 2018

When can you file a case u/s 138

How should you file a case u/s 138

What are the documents you need to produce while filing a case u/s 138

Following are the requirements of the legal notice sent u/s 138 of the Negotiable instruments act:

  • Legal Notice (LN) is to be sent within 15 days of dishonour
  • Legal Notice to contain a description of the cheque i.e Cheque No, date, amount with amount in words, drawer, bank account of drawer.
  • Legal Notice to contain description of Dishonour i.e the date and reason
  • Legal Notice to contain a demand of payment of the cheque amount to be made within 15 days and no additional demand
  • Legal Notice has to be received by the Drawer and to ensure that it may be sent by any or all modes like speed post, courier, email, WhatsApp, by hand etc
  • Optional: A description of the transaction may be given in the legal notice.

What are the requirements of the legal notice Section 138 of the Negotiable Instrument Act?

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