Dear sir,
Loksabha Passes the N I act recently in 1st week of May 2015 (Place where case can be filled). Is it in existence or the bill needed Rajya sabha Or President or Gazzette approval. Please reply. Suresh
Not now till the new amendment is notified.
So you have to file the case as per existing provisions and get it tranferred after new law comes in force.
Thanks all. Required answer given by Trilok Sir. Kindly inform on club Forum as and when notify the ammendments. Thanks again. Suresh
Far new provisions to come in force may take around three months if things go smooth in Rajyasabha. It will become law no doubt even after lapse of time.since the present Govt is serious about it.
So for complainants it is better solution for the present to file summery suits.. Here you will get interest and all costs and the decree will remain in force for longer time.
For big ticket cheque cases we assist on all India basis for filing till decision and even enforcement of decrees .
New amendment has come in force from 15th June 2015 since President has signed ORDINANCE which comes in force immeditely.
The cheque ordinance provides for opportunity to file cases against the problem debtors even in remote areas.
However it will be worth only if the debtor is solvant and avoiding payment.
We can assist you to solve such problems.
1- can we also apply recovery case after the judjement on cheque bounce case. for example i am victim. court impose jail term but no fine to accused. in that case can i file a recovery case after this judgement to recover my money.
2- on other hand, same case as above and only difference will be that court impose jail term and fine of double amount to accused. will court give the fine amount to me or it will go to government?
3- can i also file a recovery case after court judgement to recover my money if my case is point 2.