[Your Name]
[Your Address]
[City, State, Pin Code]
[Date]
To,
[Name of the Drawer]
[Address of the Drawer]
[City, State, Pin Code]
Subject: Notice for Cheque Bounce
Dear Sir/Madam,
I, [Your Name], hereby issue this Cheque Bounce Notice to you, [Name of the Drawer], in relation to the dishonor of a cheque bearing number [Cheque Number] dated [Cheque Date], drawn on [Bank Name], and issued by you in favor of [Payee’s Name] for an amount of [Cheque Amount in Words and Figures].
It has come to my attention that the said cheque has been dishonored by the bank due to [Specify the reason mentioned in the dishonored cheque return memo, such as insufficient funds, account closed, signature mismatch, etc.].
Please be advised that the dishonor of the cheque constitutes a violation of Section 138 of the Negotiable Instruments Act, 1881, and is a criminal offense. As per the provisions of the said Act, I hereby give you notice to make immediate payment of the dishonored cheque amount along with any applicable penalty charges.
The details of the dishonored cheque are as follows:
Cheque Number: [Cheque Number]
Cheque Date: [Cheque Date]
Bank Name: [Bank Name]
Amount: [Cheque Amount in Words and Figures]
You are hereby required to pay the full amount of the dishonored cheque, i.e., [Cheque Amount], within [Number] days from the receipt of this notice. Please note that failure to make the payment within the stipulated time may result in legal proceedings being initiated against you, including filing a complaint under Section 138 of the Negotiable Instruments Act.
Kindly acknowledge the receipt of this notice and ensure compliance within the specified timeframe. In the event of non-compliance, I reserve the right to take appropriate legal action without any further notice.
Thank you for your immediate attention to this matter.
Yours faithfully,
[Your Name]
[Your Contact Details]