I Have Invested 5Lac in company Through Cheque , I have agreement with company that says company will pay me after 1yr. so company give me a maturity cheque i.e my principal amount + 1yr interest.
I Invested It in Nov, After 3 months means in March Company said we have facing some financial problem and we are loosing money so come to office with original agreement and maturity cheuqe, i went office and submit my agreement and cheues after that they gave me a post dated cheque which has only my principal amount written no interest. so i though i'm not expecting interest but i want my principal amount back so i deposit cheque in may which is date given on cheque. it got bounced, then my agent filled complaint against company of fraud case, after 6month means in nov2011, 3 out 4 directors of company got arrested by mumbai police.
and then again i deposit my cheque , its again bounced. i got memo from bank , now i met a advocate who is not telling me clearly , obviously he is very greedy.
i want to know that now my case is bounce cheque case, what i do??
my agent given notice to directors before arresting, and those envelope of notice i submitted to lawyer.
so my question is, if i filled file a Complaint under Section 138 of Negotiable Instrument Act,
how many days normally it takes to recover my bounced money??
how many hearing normally takes?? posibility how much ???
please help me, this is really giving me headache??