138 of N.I. act

Bishwajit (Querist) 22 September 2009 This query is : Resolved
A endorsee can file a case u/s 138 of N.I. act against the drawer?riven

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Raj Kumar Makkad (Expert) 22 September 2009
yes. Though the endorsement has not been made with the acceptance of the drawer but it doesn't exonerate him to get the cheque bounced because endorsement is legally permissible and in case cheque is bounced deposited by endorsee in his bank even then the drawer is liable under the provisions of section 138 NI Act.riven

Kamal Grover (Expert) 22 September 2009
Mr.Raj is right. but you also have to made party to the endorcer.
Regards

adv.kamal.grover@gmail.com
riven

Sachin Bhatia (Expert) 22 September 2009
Yes you can file.riven

PJANARDHANA REDDY (Expert) 22 September 2009
THAT IS WHY IT IS CALLED NEGOTIABLE INSTUMENTriven

Bhumik Dave (Expert) 22 September 2009
Yesriven

Adinath@Avinash Patil (Expert) 23 September 2009
Mr.Bishwajit,
Endorsee can file complaint u/s 138 of N.I.Act.against drawer of cheque.riven

RAKHI BUDHIRAJA ADVOCATE (Expert) 23 September 2009
yes, u can file the same.riven

adv. rajeev ( rajoo ) (Expert) 30 September 2009
Endorsee is hoder in due course, so he can file.

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