Legal Question in Banking Law in India
Sir,its true I had given a cheque against financer but I'm not position to repay him at the same time started to blaming me by keeping the case in this situation I had stopped the cheque leaf in request with bank now what is position of case
Asked on 6/18/16, 12:49 am
2 Answers from Attorneys
Dr Katta Venkata Rama Krishna
Drkattavrk
If u cannot repay the cheque amount, u hv to go to jail.
Answered on 6/18/16, 1:12 am
Fca Prashant Chavan
Expert Edge LLP
18.06.2016
Dear Sir / Madam,
You should negotiate the matter regarding repayment and settlement of the loaned amount with the financier.
Regards,
Answered on 6/18/16, 2:20 am
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