Create Notice for Bounced Cheque

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What is a Notice for Bounced Cheque?

When a cheque is bounced, the drawee bank issues a Cheque Return Memo to the banker of the payee for the reason of the non-payment. A bounced cheque notice is a legal document which states the reason for non-payment to the party at time.

Procedure

Uses of Notice for Bounced Cheque

This notice is binding upon the person whom it is served if it is sent up to one month from the day it bounced. Legal proceedings are done against the person who presented the bounced cheque.

Contract Execution

  • LegalRaasta is at your service to help you to develop this type of notice with all the legal proceedings.

Frequently Asked Questions

Do I need to get this document on a stamped / e-registered?
Yes it is suggested that you get this contracts stamped/e-registered.

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