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Pratap (Business)     09 February 2012

Chq bounce

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. 


 4 Replies

Advocate Bhartesh goyal (advocate)     09 February 2012

No,bank account  of drawer can not be freezed due to reason of boncing 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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