ni act

Querist : Anonymous (Querist) 01 April 2011 This query is : Resolved
if cheque is returned by the bank on the ground of account close of giving party then it can be the matter of 138 or not then which section is covered by this matter. thx

WHICH ACT COVERS THIS SECTION WHEN THIS TYPE OF SITUTATION OCCURS.

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Kiran Kumar (Expert) 01 April 2011
S.138 is not made out....proceed under other provisions of IPC keeping in view the facts involved.

bhagwat patil (Expert) 01 April 2011
Only when the cheque is given as for the amount legal discharge.

Arun Kumar Bhagat (Expert) 01 April 2011
It is a fit case under 138 N.I.Act

Sarvesh Kumar Sharma Advocate (Expert) 01 April 2011
comes under section 138 n.i.act.

Advocate Bhartesh goyal Online

(Expert) 01 April 2011
Provision of sec 138 N.I.Act would not applied.

Jitendar Kumar gupta (Expert) 01 April 2011
ACCOUNT CLOSED covered under section 138 of NIAct. Go ahead and serve the notice as per the provisions and after statutory period file the complaint.
For more information call 9868529732
Mail:guptajkin@gmail.com

Advocate. Arunagiri (Expert) 01 April 2011
It is a fit case u/s 138. As per the supreme court, in the event of account closed, the cheque bounces for insufficient of funds only, because the drawer had withdrawn all the money from the account.

Issue the notice and file the case.

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