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Recovery suits against non [payement

(Querist) 12 November 2011 This query is : Resolved 
Our Compnay is Ltd Co.
we have sold some material to partners 2007
worth Rs.3.00L
we has given chq for 10K in 2010 which got bounced

if i want to file recovery suits for which amt I can file.
ajay sethi (Expert) 12 November 2011
your company can easily afford legal fees . consult a local lawyer
Advocate. Arunagiri (Expert) 12 November 2011
You can recover only 3 l.
Nadeem Qureshi (Expert) 12 November 2011
Dear Amit
if you have any documentory proof regarding money then you can file a civil suit for recovery and defenatily you can get you money with interest, and for 10K you can file a criminal case u/s 138 NI Act.
feel free to call
M.Sheik Mohammed Ali (Expert) 12 November 2011
yes, i do agree expert query reply
Shonee Kapoor (Expert) 12 November 2011
Recovery can be of 3 Lacs + Legal expenses if any.

Regards,

Shonee Kapoor
harassed.by.498a@gmail.com
Shailesh Kr. Shah (Expert) 13 November 2011
file civil suit for recovery of 3 lacs.
Shailesh Kr. Shah (Expert) 13 November 2011
Mr. Nadeem

case u/s 138 is not possible now.
Devajyoti Barman (Expert) 13 November 2011
It is for what ever amount is due to you.
CreateGoodwill (Querist) 14 November 2011
just to add as per bill date 3 years are over but later chq was issued for 10k whose 6 months are over so can i file recovery suit on last chq ands claim 3L against them
Shailesh Kr. Shah (Expert) 15 November 2011
yes, you can file recovery suit since debt acknowledgement accept.


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