What can i do if the cheque submitted by the drawee has been bounced ?

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a demand notice is needed to be sent within 30 days of bouncing of the cheque to the party who wrote the cheque (the drawer), demanding him to pay the stipulated amount within 15 days or else proceedings will be initiated against him under Negotiable Instruments Act, 1881.

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In case of a cheque Bounce, a demand notice is needed to be sent within 30 days of bouncing of the cheque to the party who wrote the cheque (the drawer), demanding him to pay the stipulated amount within 15 days or else proceedings will be initiated against him under Negotiable Instruments Act, 1881.

For much better understanding on the topic click on the given link.
https://www.easyadvocacy.com/LawStreetJournal/Dos-and-Donts-in-case-of-Cheque-Bounce-us-138-of-NI-Act1881

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