Can Bank Accounts of the Drawer (Ltd Company) of chq be freezed in case of huge amount chq are dishonored or bounced & case filed under Sec 138.
Pratap (Business) 09 February 2012
Can Bank Accounts of the Drawer (Ltd Company) of chq be freezed in case of huge amount chq are dishonored or bounced & case filed under Sec 138.
Advocate Bhartesh goyal (advocate) 09 February 2012
No,bank account of drawer can not be freezed due to reason of boncing cheque.it can be freezed by the order of Court,Income Tax Officer,Sales Tax Officer,Exice $Cusom Officer's order.
Pratap (Business) 10 February 2012
Yes i meant by freezing of Bank Accounts by Court Order where chq bouncing case has been regd.
Pratap (Business) 10 February 2012
can the case be made public by media in order to make other parties aware of this chq bouncing.
Advocate Bhartesh goyal (advocate) 10 February 2012
No,the dispute is between two parties {drawer $ drawee} so can not be made publicity. by any one.
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