My cheque was dishonoured by my banker – reason : “funds insufficient” but my account has sufficient credit balance – more than the cheque amount and there is no question of “insufficient funds” can i take legal action against the bank(s)? Under which section – viz; the cheque was deposited with bank “x” which sends the cheque for clearing to bank “y” which dishonours the cheque with reason “insufficient funds” cd u pl advise me how should i proceed legally and against which bank ; i hv all documentary proof; the bank accounts are in chennai and i am residing outside chennai; what is the jurisdiction; is there any time limit for initiating legal proceedings pl advise

Regards
vrsridharan2005@yahoo