Saturday, August 21, 2010

Will cheque dishonour due to ';insufficient funds'; but with ';funds in clearing'; be valid to file legal case ?

Will cheque dishonour due to ';insufficient funds'; but with ';funds in clearing'; be valid to file legal case ?





Will the banks be able to re-present the cheque until they receive ';Insufficient funds'; as the reasons for cheque dishonour ?





Please help me what should I do in this specific situation to get legal aid to recover my money.Will cheque dishonour due to ';insufficient funds'; but with ';funds in clearing'; be valid to file legal case ?
You can file legal case. Funds in clearing has nothing to do here.





At the same time you consider the fact that you are living in India and the court case is not so easy.





You represent the cheque again and if bounces present it for third time. You must file case if it bounces third time.

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