Genaral information


Does Bank,gurentee is valid in case of bounced back cheque.is it not a crime if the cheque bounce back even it us unintentional
 
Reply   
 
Retired Manager

The query is confusing. Please post with facts of the case in a cogent manner.

 
Reply   
 


Retired employee.

When there is understanding in between payee and drawer of the cheque through compromise on a mode of acceptance, both can file such agreement and the payee can withdraw the case.   When case proceedings are running in a court, the drawer (the person that issued cheque) can only make his submissions and seek time for payment of such amount, and establish his real intentions.   It is up to the court to decide further course.  When the issue is on recovery, Courts seldom takes serious action. when drawer makes such payment.

 
Reply   
 

LEAVE A REPLY


    

Your are not logged in . Please login to post replies

Click here to Login / Register  


 

  Search Forum








×

Menu

Post a Suggestion for LCI Team
Post a Legal Query
Forensics & Evidence     |    x