Cheque Stories Related to Notice of Cheque Bounce and Canceled Cheque

Bounced cheques are the most common offences linked to the financial world. A cheque can be dishonored for various reasons but the primary reason being insufficiency of funds, signature mismatch, post dated cheques, or corrections in the cheque without authentication. The defaulter pays a penalty to the bank when the cheque bounces. 

Demand Notice is sent between 30 days from the date the cheque has bounced. The purpose of the notice is to demand payment and inform the issuer that he or she will be prosecuted, if payment is not made between 15 days. So a Demand Notice contains the following --- Statement, stating that the cheque is presented during its period of validity. Information giving the reason of dishonor, of the cheque. A statement giving the drawer 15 days to pay the amount or a legal action would be taken. This notice only needs to be vetted by a laywer and send by registered post or courier.

A canceled cheque is one which is crossed and the word “Cancelled” is written on it. If a cheque is canceled the cheque cannot be misused, but it provides the account no, cheque no and the MICR code information. Canceled cheque is used for opening a bank account; this completes the account opening process. KYC or Know Your Customer formalities require a cancelled cheque to prove that the account is valid till date. EMIs of different types home loans, car loans, education loans have EMI payments. The bank or company would ask for a cancelled cheque. In case of EPF or employee provident fund account, a cancelled cheque needs to be submitted to the organization, as it would help to validate the account.  Cancelled cheque does not allow money to be withdrawn, but there have been cases where it has been misused. So ensure the cancelled cheque is given to the right person to be used.

Recovering a bounced cheque is very difficult specially if the account is closed from where the cheque had been issued. One way out in such a case would be to file an FRI in the police station. Besides a Criminal Complaint case under the issuer can also be filed under section 138 of Negotiable Instruments Act. As a result the chequq issuer undergoes a punishment for a term of two ears. Alternatively a summary suit for recovery can also be filed under 37 of the Code of Civil Procedure. Approach a good lawyer and he would be the right person to handle cases.

Understanding Debit and Credit Cards Chargeback

Chargeback is a scheme by which any you can get money back from your bank in case the transaction was unsuccessful. Or reversing a transaction from your card provider, in case of a disputed transaction linked to your credit or debit card.  Meaning when the good bought by the customer was defective, service provided was unsatisfactory or the delivery was not done even though the payment was done. The money is returned from the supplier’s bank and not from the supplier directly.

There are quite a few reasons of claiming a chargeback. The primary reason could be that the purchase made from the company had a displeasing outcome. Or the goods promised, were not satisfactory or were faulty. Another reason could be non delivery of the items. Besides there could be bank related issues like transaction processing error or multiple times/incorrect amounts being deducted by the bank. Lastly there could be cases of fraud related to the purchase. But chargeback is not legally procedure and is not protected by law.

The claim is addressed to the bank providing the debit or credit card services. The bank in turn asks for a refund from the supplier’s bank. Chargeback is not a guaranteed process, and there is no guarantee that the money will be recovered. Moreover there is no confirmation that the supplier will accept the reasons for a chargeback. As a result chances of getting the money back, seems bleak.

The process is to complain about the issue to your bank/card provider within 120 days of the purchase. After which the money back process is initiated from the supplier’s bank. If the complain is made under section 75 the credit card company becomes legally responsible. The chargeback is about Visa/ Master card/Amex process. In case the card provider rejects you charge back claims, the case can be escalated to the Financial Ombudsman Service.

Debit Card is applicable to all goods bought by debit card like Visa, Maestro and American Express Networks. Credit Card, charge back is applicable on goods costing less than a fixed amount. Debit Card chargeback process is a more difficult as compared to Credit Card, since the banks are less willing to cooperate. 

What is the difference between Annulment vs Divorce?

Annulment is a judgment of the court declaring a marriage null or void from the date of its formation. It is an official or legal cancellation of a marriage. Annulled marriage is one that is considered to be invalid from the beginning. In other words it is assumed that the marriage had never taken place. In some countries the marriage is considered void from the date of annulment. An annulment means that the individual was never united in marriage as husband and wife.

There are various grounds of annulment, to name a few fraud or lies are the common ones. Religion, children or sex are few of the foundation for a marital relationship but there are issues on it as well. Health conditions, marriage age and physical incapability are some of the other grounds. Annulment can occur when legal formalities are not fulfilled at the time of marriage. Bigamy is another such ground when either of the spouses is legally married to another person at the time of marriage. In India void marriages are dealt in Section 11 of Hindu Marriage Act, 1955.

Whereas Divorce is a court order that terminates a marriage that was existing till date. In other words it is applicable in case of a valid marriage. Divorce occurs when Husband and Wife decide to separate due to major issues in the relationship.

Divorce lawyer plays a crucial role in the success of one’s divorce case. Hiring the right Divorce Lawyer is very important is he is the one to assist you through the divorce legal procedures. Hence a lawyer with strong track record needs to be identified. There are few sources like internet, advertisement, family friends to look for the right and the appropriate lawyer.

To file a divorce case the first step is to appoint a lawyer who would handle the case tactfully and efficiently. Indian Divorce laws are primarily of two types, mutual divorce and contested divorce. In case of mutual divorce, a mutual settlement is made between the two parties. But in case of contested divorce, the case is filed on the grounds specified under the Indian marriage act which depends on the religion of the person. The divorce laws are different for Hindus, Muslims, Christians and Sikhs. The lawyer will then file a petition in court. There are several important documents that need to be attached. Then the court sends a notice asking the spouse to appear in court. Henceforth the hearings continue. One needs to be mentally strong to face all social consequences which arise as a result of filing a divorce in court.

Charge Back Prevention: Essential for Smooth Run of Ecommerce Industry

Chargeback on credit card and debit card, now a days a great threat to ecommerce business. As we know online shopping portals were exclusively designed to make shopping easy, with the facility to enjoy it sitting at home or anywhere you feel comfortable.  Involvement of great technology has enabled shopping accessible worldwide on single click. And with payment gateway these company charge from the customer.

Recently, debit card charge back is a major problem that has obstructed the smooth functioning of ecommerce business. Not all the chargeback’s are fraud, some time there may be situation when the customer is not satisfied with the product rendered, there is also possibility of technical problem in bank server and so on, and in that situation there is no loss to the merchant, however, there is time kill that is crucial. But, now, people are using the chargeback for illegal usage, such as to make money  by using the product from the merchant and then file chargeback to receive the money back, this is a havoc situation for merchant, as they are in total loss firstly their services is been used and then they have to pay also.

There are many online legal bodies that provide charge back settlement solution for both the customer and merchant.   It is extremely distressing to receive fraudulent transaction on your credit card or debit card statement. Using advanced technology server can help you to trace whether the buyer is genuine or fraud. So whenever you are going to charge customers ask for the detailed information, as to distinguish from the real one. In many cases no chargeback gateway is under process, if the merchant is receiving bulk of chargeback cases.

There is need for the upgraded technology for the charge back prevention, so that merchant can fight with the fraudulent activity. With time technology is advancing, and it is always said that change or up gradation is the demand of time, so stay ahead of technology to beat fraudulent activity.  Now enjoy a smooth run in your business with competent and reliable charge back solution. Stay up dated to get profit share in your business.

Find Expert and Best Divorce Lawyers in Delhi

Today, the probability of domestic violence and other cruelty act waving with higher pace. However, there is great news that women and men are aware of their rights and using all the possible laws to win the case, so is to safeguard their rights. Many surveys have confirmed that marriages in India are no more subjection to harsh ending. Constant awareness and knowledge, rooted the strong impact on the people, enabling them to understand their right and act accordingly.

Things always seem to be ugly when domestic violence discussion takes place, no matter how whatever is the cause. Certainly, this is the time when a expert advocate can help the situation, as they have good understanding about the laws and how it can benefits the sufferer. Very often, the violence looks illogical, and also even more pathological, when there is deep insight and examined carefully. So, if the marriage relationship has soured then it is important to file Divorce to lead life smoothly. Now in doing so, finding the best divorce lawyers in Delhi can help you get reliable solution depending upon your case. 

Further, getting divorce by mutual consent is also an important measure since it will save your time and hassle process that burns your hefty amount. There are various laws and rights regulated time to time in the Indian constitution. Speciality divorce lawyers ease your litigation process and provide your tips to settle your case as soon as possible. Now, you can raise voice against the cruelty taking place with you to safeguard yourself.

Now, you can have many laws under different sections, such as section 498a, section 125 and others. Under the section 498a there is punishment to the accused, if a woman is facing cruelty by her husband, in-laws or relative then as per this law. Really, this law is helpful and insures women interest. As same under the section 125, the suffers can claim for the maintenance charge by her husband or his wife according to the financial situation according to the revised maintained law, which was in favor of women earlier. Now, it is quite easy to find out divorce advocate online, as there are various online law forum especially formulated to give access for the competent and expert lawyers.

The domestic violence act, an important law formulated in late 60s with the aim to reduce the cruelty act. Under this law men and women both has separate lawsuits in order to fight with the crime. Some of the common domestic violence which is effective under this law includes.

• physical abuse of women or men by in-laws, relative husband/wife,

• Threats to members of family or other kinds of harassment or intimidation.

• Financial and mental abuse with wife or husband.

Now, it’s high time to understand your rights and safeguard your self-respect. No need to carry any relationship that is burden. Explore internet o find best and expert advocate to fight your case confidently.

Get Important and Reliable Tips: How to Win Chargeback

Understanding chargeback is really a boon for merchant and customers dealing in ecommerce, either for business or to avail services.  In few recent years credit card processing companies has emerged strongly with huge impact. Earlier it was hard for peoples to accept this online shopping medium, however the ease over shopping make ecommerce- industry to boom with rapid pace. Though, there are certain limitations which have given rise to fraudulent activity.

 Some of the very common problem for fraud chargeback happening are technical error, credit card misplacement, theft credit card, unauthorized transaction, double billing, discontent with the product purchased, defected items and so on, there are numerous terms and condition for online shopping, so one is advised to have through knowledge about the  chargeback and related problem. In many situations the customer get their money back and also keeps the product with them, causing huge loss to the merchant. Today, the number of chargeback is quite frequent; so many lawful charge back settlement bodies have set up, where you can find solution for your problem, whether merchant or customer.

Both, i.e. Merchant or Customer are facing huge problem from chargeback cases, so their main concern lies over the question “How to Win Chargeback”? Now, finding a reputed legal advisor or experienced advocate is not a tough task, since numerous online legal firms dealing with chargeback are available, where you can get reliable, fast and competent solution for your problem. Don’t lose hope, but be aware of such fraudulent activity because responsive can help you in the initial stage only.

Recently with the increasing fraud in online shopping portal, shopping is no more safer. Time to time the comprehensive e-commerce service provider offers essential and effective tools, known as chargeback protection plan that helps to safeguard the interest of both the merchant and customer, who so ever is genuine. Certainly, you can use these plans, specifically formulated to offer complete protection against the frighten Chargeback. However, no chargeback gateway is accessed to the merchant before the settling of the chargeback case.

Now a days, the merchant are also using a separate payment gateway charge back, so that in case of such circumstances, there is no chaos or hassle. Here, the merchant services provider use different advanced technology, and using this they can easily verify that the card belongs to the genuine customer, and is not a lost, stolen or cancelled list. Also, they keep on a check that the transaction amount is not over the credit limit. Make safe and reliable transaction, which does not put burden on your business.

Easy Your Business Using Charge Back Settlement Solution

Chargeback, now a days, one of the curse buzzing the ecommerce industry with its dangerous impact. No doubt, it is as frustrating and devastating aspect, being in ecommerce business. In various business events as such sole proprietor, or online marketer or just a flea market vendor, receiving frequent fraudulent chargeback can ruin you taking to a troublesome situation. It’s worst to receive unexpected chargeback on goods and services.

However, the innovative technology has given numerous tips that reduces and prevent merchant from fraud chargeback cases.  Today's e-commerce platform is booming to a higher prospect, and the providers are quite keen and confident in providing charge back settlement services for both the merchant and customers.  With such effective measures only, the vendors are supposed to receive guarantee for lost amount that has occurred due to fraudulent chargebacks, which are inflicted upon the vendor.

The fearsome reality of chargeback has raised many question and one of the most commonly asked question is how to win chargeback! The situation is pinching, when you are asked to return that can merchandise cost that you have already dispatched to the customer. The chargeback is done by greedy customers to take advantages of the services by calming the credit card processing company for a chargeback. 

However, there are various reasons for the chargeback; some of them are as follow:

• Unauthorized transaction from credit or debit card. 
• Theft credit card or debit card
• Technical faults in the server
• Credit card misplaced
• Twice error billing
• Customer not satisfied with the service rendered
• Defected item found by the customer
• Greedy intention an others

Recently, payment gateway charge back has been introduced with latest technology employing expert teams in order to thwart the increasing online fraud.  Credit card disputes are generally termed as chargebacks are very common problem in the merchant processing industry. If you are a merchant, get aware of these problems, and try to fight back to prevent losses in your business. Now a days, there are numerous online portal where you can find out legal expert and advocate, who can assist you with your problem regarding chargeback.

Further, no chargeback gateway, so far implemented for the eradication of frequent fraudulent chargeback activity. It is advised to both the merchant and customers dealing in ecommerce business to be well aware of terms and condition mostly used while online transaction.