loan recovery


one person has bought 50000 rs from me by giving me signed cheque and voucher and document. now he is not giving back money. saying "i don't have money.you go to court . i"l file yellow notice (bankruptcy)". what shall i do? he doesn't have any asset. No use when i tried to talk with intermediate. is there any way i can send him to jail. because if there is possibility of him going to jail, then i am sure he will pay back the money.
 
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Hello Yoga!

Just deposit the cheque for encashment and then take action U/sec. 138 of N.I.Act 1881, once the cheque gets bounced.

 

Regards

Adv. Rohit Dalmia

9324538481


Total likes : 1 times

 
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thank you very much sir
 
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