whatever 11 December 2015

Time period for loan

Hi,

I am a law Student, can I get help with a case it an NI ACT cheque bouncing matter

1. The complainant has not mentioned any time period for which cash loans were advanced and in his cross examations he says there is no time period for the loan. The accused states cheques were taken undated due to extortion. Is there any judgement which states that loans need to be of specific time period?

2. When the cheques are undated as per the accused and the complainant alleges that it was filled in by the accused - can the cheques be sent to CFSL? any judgement?

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SAINATH DEVALLA (LEGAL CONSULTANT) 12 December 2015

A case under NI ACT is filed only after the cheques are dishonoured by the accused.Dates are not mentioned on either the cheques or supportive documents at the time of disbursement of loan.Hence the statement undated cheques have no relevance in the proceedings.The accused has to prove his defence.