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Cheque Bounce, Negotiable Instruments & MSME Recovery

Cheque Bounce, Negotiable Instruments & MSME Recovery

Proceedings under Section 138 of the Negotiable Instruments Act address dishonour of cheques due to insufficiency of funds or other statutory reasons. These proceedings provide a quasi-criminal remedy to ensure financial discipline in commercial transactions.

Cheque Bounce, Negotiable Instruments & MSME Recovery

Legal services include issuance of statutory legal notices, filing of complaints, representation during trial, and settlement negotiations. Defence services involve challenging notice compliance, limitation, and enforceability of debt.

 

This practice also covers recovery proceedings under the MSMED Act for small

 

and medium enterprises, involving facilitation council proceedings and enforcement of awards.

 

The objective is effective recovery of commercial dues through lawful mechanisms.