What are the legal steps to take when a cheque bounces?
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Issue a Demand Notice: The payee must send a legal notice to the drawer within 30 days of receiving the cheque return memo.
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Wait for Payment: The drawer has 15 days to make the payment.
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File a Complaint: If the drawer fails to pay, the payee can file a criminal complaint in a magistrate court within 30 days after the expiry of the 15-day period.