India | Business Law
Legal Question
Under NI act, 1881
Can we file a case under NI ct , if the cheque returns unpaid and in the return memo bank marked ' Funds not cleared and present again' . Please note that there was no time for represent(almost reached six months). It is understood that there were no funds at all in the account and more than 50 cheques were bounced duringthat period of 3 months.


