stopped payment by the drawer

sanjanaa35 (Querist) 04 January 2017 This query is : Resolved
sir, If a cheque issued by the drawer, stopped payment saying that the advance cheque given to the party for the supply of material. But the holder of cheque supplied material to another party , then in this case is drawer is liable for the payment. Now drawer stopped payment of holder because of non supply of material. Then in this case NI Act applies. What case holder will file against drawer. rgds jack

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Rajendra K Goyal (Expert) 04 January 2017
Whether any agreement executed mentioning terms and cheque?

Whether notice was served before presenting of the cheque / payment stoppage of the cheque?

If case is filed, court would decide the case on merits.

Ms.Usha Kapoor (Expert) 05 January 2017
Agree with Goyal.

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stopped payment by the drawer

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