Cheque Bounce & Debt Recovery Published & Fact-Checked 1 Sept 2026

How to legally recover an unpaid commercial security deposit from a commercial landlord?

Serve a statutory 15-day Legal Notice under Section 106 of the Transfer of Property Act demanding immediate deposit refund with 18% commercial interest. If unpaid, file a Commercial Summary Suit under the Commercial Courts Act 2015 for expedited decree.

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