Tag Archive for 'action to take for dishonoured cheques'

What should a person do if he receives a Dishonored Cheque

• Notice should be issued to the payer within a month of the dishonor of the cheque. if it is not issued within a month then the cheque needs to be presented to the bank again and the notice can be issued after the cheque bounces. • After the notice, 15 days should be given […]