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Can I cancel a bounced cheque?

Can I cancel a bounced cheque?

In India, while there is as such no express provision relating to stop payment of cheques. Indian Courts have covered this facet in Section 138 of Negotiable Instruments Act (hereinafter referred as Act), which is related to dishonour of cheques.

Can you send the check again to the bank if it has bounced once?

Answer: Yes, you can present the cheque again in the bank for payment, even if it was dishonoured on the first occasion. However, it goes without saying that the cheque can be presented again in the bank only during the period of its validity. Normally, the period of validity of the cheque is 3 months.

How do I cancel a cheque after it has been issued?

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Banks instruct following modes of requesting for stop payment of cheque and contact such an issue:

  1. The account holder can place an online request to the bank.
  2. The account holder can make a call to the customer service helpline number.
  3. The account holder can visit personally to the branch office and give a written request.

What happens if you stop a cheque?

New Delhi, Aug. 31: Even a “stop cheque payment” instruction to his bank can land a person in jail. Normally, it is understood that if a cheque bounces because of insufficient funds, the payee can initiate criminal action against the drawer under the act, which may lead to imprisonment for up to a year.

How do I get rid of a cheque bounce case?

File a counter case: If the person files a false cheque bounce case against you in the court, you can file a reply to the case through a lawyer for cheque bounce case near you. You can also file a counter file of cheque against the person for filing a false cheque bounce case against you.

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How can I cancel a deposited check?

You must give your bank notice orally or in writing to request a stop payment. Banks recommend various ways to contact them, but generally you can make a request online, at a branch or by calling the phone number on the back of your debit card.

How many times can a cheque be deposited?

Answer: The simple answer to your question is “yes”. You can present the cheque more than once in the bank during its validity period. It can be done twice or multiple number of times, provided the cheque is presented during its validity period.