Respected Members,
My friend Sanjay gave X amount of money to Manish through bank for business purpose against cheque. Manish later refused to return the money. Cheque got bounced. Sanjay filed case against him under NI act. One day Manish called Sanjay and had arguement. Out of excitement Sanjay threatened manish of consequences if he did not return money. Manish smartly recorded the conversation. Manish lodged police complain against sanjay. police filed case against him under ipc 387, 386 and one more ipc code. now Sanjay looking for anticipatory bail. his bail is rejected by session court. he requested in high court. in high court also bail is rejected. Now manish pressurising to withdraw all cases against him (verbal settlement) then he will weaken case against sanjay. My request to homnorable learned members is to guide on the following:
1) what options now sanjay has?
2) is asking for one's own money back amount to extortion in court?
Thank you all in advance.
Jatin
