Cheque bounch
Querist :
Anonymous
(Querist) 24 October 2010
This query is : Resolved
Is this DP note valid for cheque bounce under NIA 138 or other Act. Please advice, I landed this amount to my friend as he was shortage of money for purchase of bitumen, my friend invited for partnership in that business but I refused to involve as the entire work was in others name but I helped him by giving financial support in return he gave me a DP Note along with cheque for Rs. 60,000/= now the cheque has bounch notice is also served but no result, if I move to court will this DP Note help me out or it will proof me as illegal money lender (I never lend any money accept to this person) please help
D P NOTE
Date: - 30/08/2010
DIBRUGARH.
I Sri XXXXX, age 38 years, S/o Sri XXXXX, R/o XXXXXXXXXXXX received a sum of Rupees fifty thousand (Rs. 50,000/=) by cheque from Sri YYYYY S/o YYYYYYY R/o mmmmmmmm, for my personal need which I promise to pay on demand the total sum of Rs. 60,000/= (Rupees sixty Thousand) only including interest thereof on or before 08/09/2010.
Revenue of
Rs. 4 is to affix
case
R.Ramachandran
(Expert) 24 October 2010
Dear Anonymous,
You can file a sec. 138 N.I. case against the bounced cheque. Don't worry, you will not be charged as illegal money lender. Giving urgent loan to a friend does not mean you are a money lender.
Devajyoti Barman
(Expert) 24 October 2010
You can file a case for cheque bounce.
Querist :
Anonymous
(Querist) 24 October 2010
Dear R. Ramachandran, Devajyoti Barman and S. Subramanian Sirs, The difference of figure between bounced Cheque amount Rs. 60,000/- and I landed Rs, 50,000/= which is clearly mentioned in DP Note. the extra amount of Rs. 10,000/= will not be matter in court? Please clear my dought.
Thanks a lot to you all for kind guidance.
Devajyoti Barman
(Expert) 24 October 2010
You hae to file the case only on account of the money mentioned in the cheque.
Querist :
Anonymous
(Querist) 25 October 2010
But sir I think I have to proof that legally the chequed amount is due to me by accused for that I have to produce the DP Note in court then difference of landed amount and cheque amount will come out then what,
would you please clear my confuse,
