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vikash (SPECIAL CORRES)     14 October 2019

cheque bounce

If I have given a blank cheque not filling amount name and date and if it get bounced. can 138 section imposed on me


Learning

 3 Replies

Harsh Parihar   15 October 2019

No ipc 138 is a different matter

G.L.N. Prasad (Retired employee.)     15 October 2019

So take proper precautions by informing to the bank to stop payment (if payment is not already done) as you might have lost/misplaced that cheque No..  But all these steps only if you have not given blank cheque in favour of a lender as security or repayment and other documents.  The lender may take remedial action under Sec.138 and depending on facts and documents  court decides the issue.

Shashi Dhara   16 October 2019

If he claims exaggerate amount then IT officer will come to investigate both of you.

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