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Santosh Achar   30 October 2018

Cheque bounce

I have given surety for my uncle for his chit fund now he unable to pay the chit but he is telling that he I'll pay but the chit people are presented my cheque of 1lakh twice how to get resolved from this



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 3 Replies

manoj   30 October 2018

if your uncle is not paying the chit money, as you are the surity you cannot escape from your uncle liability. But you can file suit against your uncle to claim your money as you stood as surity for chit company

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Advocate Bhartesh goyal (advocate)     30 October 2018

Surity/guarantor is liable for the consequences of cheque bouncing better solve the matter amicably..

Advocate Bhartesh goyal (advocate)     30 October 2018

Surity/guarantor is liable for the consequences of cheque bouncing better solve the matter amicably..

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