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amit (m)     19 October 2012

Section 138 n.i act

Dear All,

 

Under section 138 N.I act, under which reason of cheque bounce, case can be registered.

please do reply.

 

Regards

Amit



Learning

 3 Replies

Bhawani Mahapatra (Law Officer)     19 October 2012

If you go through in details the contents of sec-138 of NI Act, you will get your answer and even more.

Rohit kumar (LAWYER)     19 October 2012

As per your question, reason behind is clearly written in N.I Act. That is insufficiency of funds or exceeds amount or stop payment. Furthermore u see section 138 of N.I Act.

yes, case can be register.

Nitish Banka (lawyer)     19 October 2012

Insufficiency of funds or reasons related to insufficiency of funds


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