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Cheque bounce matter

(Querist) 30 April 2016 This query is : Resolved 
A Company named X manufactures Bricks.That such Company appointed dealer for its business named y being a partnership firm.That against Payment of due outstanding amount a cheque is handed over to Y not by firm nor by any partner but by some other individual name in favour of Company Y.( in such cheque as issued by individual -surname with one of the partner was matching). In such situation will cheque bounce case under Section 138 lie against y ;if not what would be course of action by Company X
Ajay Bansal (Expert) 01 May 2016
If cheque is handed over to Y then how y can be prosecuted. You are unable to explain the facts in question.
Rajendra K Goyal (Expert) 01 May 2016
Please redraft your query.
T. Kalaiselvan, Advocate (Expert) 02 May 2016
The proposed cheque bonce case may not be maintainable if what you say is to be taken for granted.


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