Cheque bounce

vimal Kumar (Querist) 27 June 2014 This query is : Resolved
Hi,
A person who owes me Rs.75000/- gave me 5 cheques.
As reqested the first cheque for Rs.15000/- was submitted one month later. The cheque bounced and the party keeps on extending payment date.
I do not see any possiblity of collecting the amount withot legal action.
Even the total amount of Rs.75000/- was taken from me by fraud.
Please advice on what police or other legal action can be taken

Follow Query

Report Abuse

ajay sethi (Expert) 27 June 2014
file summary suit for recovery of your money .

you can issue legal notice under section 138 Ni within period of one month from date of intimation of dishonour

uttamtibrewal@yahoo.com (Expert) 27 June 2014
dear Vimal ...
you can take legal action ... immediately send him a legal notice ... you can file a complain case u/s 138 of NI act only withing 15 days from the cheque bounce other wise you need to file money recovery suit.