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Velavartipati Vachaspati (Telugu Press)     17 November 2011

Is it legal?

Is keeping or demanding blank cheques or promisory notes legal?

Most of the banks or private money lenders do this.


 5 Replies

Velavartipati Vachaspati (Telugu Press)     17 November 2011

There are number of private money lenders in INdia.

Who must give licence to them? Who is that authority?  The business they are doing is legal? They avoid Income Tax Payments, indulge in harsh methods of   money collection...and do 'Chits' privately......

Velavartipati Vachaspati (Telugu Press)     17 November 2011

We notice number of people who are poor giving requestions to the officers to same them from the money lenders. I would like to enlighten them regarding NI Act. I request the experts here to disclsoe...Is NI Act is absolute? What are the ways to escape from it, when cheque bounce cases faced?

Agyey (NA)     17 November 2011

Is it legal to surf p*rn sites in India...?What is the act related to it?


Blank checks mean a lot. Anyone demanding that get get into jail.

Arvind Sehdev (Advocate)     18 November 2011

Agyey ????

What has your question gotta do with the conversation above ???

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