This is a pure civil matter so no IPC 406 or 420 can be put . This is just pressure tactic to get money early.
CHEQUE BOUNCE ACCUSED AS WELL AS COMPLAINANTS TAKE ADVANTAGE OF LOK ADALAT SHEDULED ON ALL INDIA BASIS ON 14TH FEB 2015 ON INITIATIVE OF-
MINISTRY OF FINANCE GOVT OF INDIA.
FAR EXISTING AS WELL AS FUTURE CASES AND EVEN APPEALS.
Good for accused.
a) You will come out of criminal cases.
b) Bargain hard in LOK ADALAT and your liability may be reduced many fold.
c) Show inability to pay upfront and issue post dated cheque.
d) Even if this cheque bounces in future there will be no more criminal case but only civil case for recovery but with interest. You will get lot of time to pay up.
e) Even the case is now in appeal such settlement will be allowed in LOK ADALAT.
GOOD FOR COMPLAINANT ALSO.
a) You will come out of expanses for criminal case immediately.
b) Even if the settlement cheque of LOK ADALAT bounces you can file summery suit for recovery where the procedure is short sure and simple
c) Even if you to agree for reduction in value and settlement cheque is bounced even than in the future through summery suit you can get interest till recovery.
d) In the criminal case if the accused do not have money he / she will at the most go to Jail which has no meaning for you.
e) And in cases after long trial and further appeals if the case is lost you will loose opportunity to file civil case due to limitation.
SO THIS IS WIN WIN SITUATION FOR BOTH AND TAKE ITS BENEFIT.