Cheque Bouncing is serious offence punishable with two years imprisonment and fine up to two times the amount of the cheque, under section 138 of Negotiable Instrument Act, 1881 but only if the holder of the cheque follows the strict procedure for issue of notice.

Further a parallel civil action can also be instituted, for which a recovery suit can be filed under Civil Procedure Code for the recovery of cheque amount.

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One Response to “Punishment & Recovery”

  1. Vinayak R Gajam says:
    January 8, 2013 at 6:05 pm

    Hi,
    I am Vinayak G(complainant) I want to know that whether I will get my amount(money) if I file a 138case or do I have to file another case to get my money. If yes then under what section I will have to file a case to get my money. Request your assistance.

    Regards,
    Vinayak R Gajam.

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