Cheque bounce

Querist : Anonymous (Querist) 30 July 2010 This query is : Resolved
I took a house on lease for three years for Rs.5.5 lakh, but house owner sold out the house within 2 years and promised me to pay the amount after vacating the house and he gave me 3 cheque, i had vacated the house in 1 month, but all the three cheques bounced, somehow i recoved 3.5 lakh and i have 1.5 lakh cheque bounced, if I call him he is not picking up the call, not giving any reply.

what is the action required. shall i send one court notice to recover the money.

I have 1.5 lakh bounced cheque and lease agreement original.

Please help me.

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Raj Kumar Makkad (Expert) 30 July 2010
You immediately serve him a legal notice to deposit the amount of bounced cheque within 15 days of receipt of that notice failing which to face criminal complaint under section 138 NI Act.

Querist : Anonymous (Querist) 30 July 2010
Thanks Raj Kumar, i will consult with advocate.

adv. rajeev ( rajoo ) (Expert) 30 July 2010
The amount payable by the owner amounts to legally payable debt, so you can initiate the proceedings against the owner u/s 138 of NI Act.