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Recovery of amount . sec. 138 of n.i. act.

(Querist) 21 July 2012 This query is : Resolved 
Dear experts,
Please let me know whether a person who has received a cheque for considerartion and the cheque bounced for insufficient funds can recover by filing recovery suit also since U/S 138 of N. I. Act the Penalty against the Accused goes to the State Exchequer.
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Arvind Sehdev (Expert) 21 July 2012
You have asked this question in the experts section. It has been answered there... Please donot repeat.

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