Cheques issued for 2lacs

Querist : Anonymous (Querist) 11 January 2012 This query is : Resolved
I have to pay 200000/- to X Company ... mean time i have issued blank chqs to employee of Y company ( who was employee of X Company earlier )she handed one of the blank chq to X Company

i have not taken any thing in writing for these chqs. how to save my self

if X company deposit my chq is returned unpaid ..how to save guard me. from Law

I have asked the xerox copies of the chq with is refused by X Company... pl guide

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Dayananda Gowda (Expert) 11 January 2012
file a police complaint stating cheques are lost

DEFENSE ADVOCATE.-firmaction@g (Expert) 11 January 2012
After bouncing the cheques , police complaint is of no use. It shows your guilt.

ajay sethi (Expert) 11 January 2012
you send letter to X company that blank cheque was despoited . not to fill in amounts , dates , etc. send letter by Speed post AD .

if you are liable to pay rs 2 lakhs why dont you make payment . ul;timately you will have to contest the case .burdern of proof that blank cheuq has been issued lies on you

Sankaranarayanan (Expert) 11 January 2012
yes well advise given by mr sethi, first you do according his advise

Deepak Nair (Expert) 11 January 2012
You can send a letter asking the company not to deposit the cheque as it is not given in discharge of any liability, but the same was handed over by another person to the company which you came to know later on.

Prabodh Shukla (Expert) 11 January 2012
dnt worry ladge a police complain, and send a letter to your bank to stop payment with the copy of police complaint.....

no one in this world can ask you to pay money ....

Regards
Adv. Prabodh Shukla

Prabodh Shukla (Expert) 11 January 2012
but police complaint is useful till cheques were not bounce once, cheques got bounce wait for trial .....

Dnt worry you issued blank cheques, not filled ..trial have a lot of things...

you are not liable to pay a single penny

Regards
Prabodh Shukla

Devajyoti Barman (Expert) 11 January 2012
rightly advised above.

Shonee Kapoor (Expert) 11 January 2012
Rightly advised.

Regards,

Shonee Kapoor
harassed.by.498a@gmail.com

prabhakar singh (Expert) 11 January 2012
rightly advised above.

Raj Kumar Makkad (Expert) 12 January 2012
There is no use to either lodge FIR nor to write a letter to X company because you have legally enforceable liability towards that company so none is going to believe upon your story. Who shall believe that you gave blank cheque to an ex employee of X company without any consideration.

When you have no money to pay to X company against your lawful liability, how is it possible issuance by you in favour of other persons blank cheuqes.

It shall be good for you to personally meet and settle your issues with X company otherwise face 138 NI Act so I completely differ with the views of all other experts on this matter.

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