Legal Notice for Cheque Bounce (Sec 138 NI Act)

LEGAL NOTICE UNDER SECTION 138 OF NEGOTIABLE INSTRUMENTS ACT

To,
[DEFENDANT NAME]
[DEFENDANT ADDRESS]

Under instructions from our client [YOUR NAME], we hereby serve you with this legal notice:

1. That you issued Cheque No. [Cheque Number] dated [Cheque Date] for an amount of Rs. [Amount] drawn on [Bank Name].

2. That when presented, the said cheque was returned unpaid with the memo "Funds Insufficient".

3. You are hereby called upon to pay the said amount within 15 days of receipt of this notice, failing which our client will be constrained to initiate criminal proceedings against you under Section 138 of the Negotiable Instruments Act.