Anonymous
03 April 2010 at 17:05
Hello Sir,
One of my brother has availed a loan from a bank,and he is a defaulter,in due course I had given him a cheque in the name of his firm for other purpose,which he has handed over to the manager.I am not a guarantor nor a surity to the loan.Now the bank has filed a complaint against me and since 5 months the case is running in the court and till now the bank authoriy never attended the court.
The bank authority has told in the notice that they have issued a DD against the clearance of my cheque and I am not at all
related to this transaction.
Please share your valuable suggestions
Regards
Basanna
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Demand notice u/s 138 n.i. act
Hello Sir,
Complainant(bank) recieved information of dishonour of ch. on 22-1-2012,legal notice dated 18-2-2012 sent thro U.C.P to the accused on 20-02-2012,but the said notice was servrd to the accused on 24-02-2012. Where as demand notice ought to be served within 30 days from the date of reciept of information of dishonour from the bank.In the above scenario whether the demand notice sent is beyond the limitation period? Please share your valuable openion
Regards