cheque bounce
Querist :
Anonymous
(Querist) 16 July 2010
This query is : Resolved
sir this is kunal. i am a businessman. before sometime i borrowed some money from one of my friend on 10% per month interest and given him postdated cheques. In time i returned him money in cash but that time he was not having cheques and he promised me to give cheque later..after sometime our realtion gonaa spoiled and in TASAN he bounced that cheque..now he is threating me to suit a case..now it is 15 days passed after cheque bounced..what can i do to safe guard myself sir..
Guest
(Expert) 16 July 2010
NANDKUMAR B.SAWANT.M.COM.LL.B.(MUMBAI),ADVOCATE
MOBILE.9271971251,9960223100
e.mail.adv.nbsawant@yahoo.co.in
e.mail.nandkumarbssify.com
YOU MAY KINDLY BE CONFIDENT AND DO NOT GET AFRAID OF CASE UNDER SEC.138 OF N.I.ACT
1.FROM THE DATE OF DISHONOUR OF CHEQUE THE SAID COMPLAINENT WILL SEND YOU LEGAL NOTICE AND DEMAND THE AMOUNT OF CHEQUE.
2 IN CASE AMOUNT IS NOT PAID IN 15 DAYS AFTER RECEIPT AND SERVICE OF NOTICE THEN CASE WILL BE FILED UNDER SECTION 138 OF N.I.ACT AGAINST YOU WITHIN ONE MONTH FROM THE DATE OF THE LIMITATION PERIOD OF NOTICE IS OVER.
3 THEN YOU WILL GET SUMMONS FROM THE COURT AND YOU CAN STRONGLY DEFEND THE CASE .YOU WILL SUCCEED.
YOU MAY KINDLY WRITE OR CALL OR SEND SMS AND SEND DETAILS OF NOTICE AND OTHER FACTS.WILL HELP YOU.
GOOD LUCK.
2
Chanchal Nag Chowdhury
(Expert) 17 July 2010
Notice u/s 138 NI Act is essential to proceed .
There are umpteen things which needs to be known before a proper advice can be given.
Go to a local Advocate with all papers & discuss.
