Negotiable instrument act

kslegal team (Querist) 07 October 2024 This query is : Resolved
Can sole proprietor file a case under section 142 without mentioning the sole proprietorship name in the complaint

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Quick Summary

This discussion clarifies that a sole proprietor can initiate legal action under Section 138 of the Negotiable Instruments Act for a bounced cheque issued in their favour. The key is that the cheque was issued to them personally. However, more specific details about the case would be needed for a complete assessment.

T. Kalaiselvan, Advocate (Expert) 07 October 2024
If the bounced cheque was issued in his favor then he can very well initiate legal action under section 138 NI act as per law.