What to do when a check bounces -(Part 2)

 

  • What to do when a check bounces -(Part 2)


  • What to do when a check bounces 


Another way to file a claim is when a check bounces
  • Civil Case
A lot of people have run out of checks and after many days, will the court hear your claim? Will agree? There are many such questions in the minds of people and there is a misconception that your claim will not be accepted after 6 months or years and some people will have to go to court like who will prosecute the case. 
Civil claim
  • Pursuant to Section 37 of the Civil Procedure Code 1908
 A claim for refund can be filed.
It is mandatory for the person issuing the check to repay the amount while it is due.
 CPC ouder 37 can get refund accordingly
The claim expires in 4 days and the amount is recovered by the court along with interest on your money
This claim can be made at any time within a period of 3 years after the check bounces
There is a higher court fee (stamp duty) which you get back when you win the case

No comments:

Post a Comment