Legal Question in Banking Law in India

Cheque Bounce

Hi Sir,

One of my cheque of 2500/- was bounced 2 years back. But that person did not take any action. SO.. Can he take any legal action now against me? Please reply me asap.


Asked on 8/08/06, 11:27 pm

4 Answers from Attorneys
Jitendra Kumar Kumar Pandey & Co.

Re: Cheque Bounce

Uptill now if the party did not take any legal action,then the party can not initiate any criminal proceeding but can initiate civil proceeding because the limitation period for initiating civil action is 3 years.Chances of initiating civil action are remote because legal expenses will be more than the cheque amount.

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Answered on 8/09/06, 2:35 am
BANKIMCHANDRA SHAH ADVOCATE DIGVIJAYA CONSULTANCY SERVICES

Re: Cheque Bounce

Yes, he can take legal action against you.

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Answered on 8/12/06, 2:19 pm
Panduranga Acharya J & P Associates, Advocates & Solicitors

Re: Cheque Bounce

Dear Sir,

That person did not take any legal action against you till date.

He can not file a criminal case for cheque bounsing because it is time barred.

Your cheque is also has no value as it is not valid on expiry of 6 months from the date of issue.

But he can file a civil suit against you for recovery of the due amount.

Regards,,

Panduranga Acharya

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Answered on 8/11/06, 2:09 am
Raja Selvam Selvam & Selvam, Advocates & Consultants

Re: Cheque Bounce

HI,

has he sent you a notice regarding the dishonour of Cheque. If he has not sent you then he cannot take any action now. There is no cause of action.

regards,

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Answered on 8/08/06, 11:31 pm


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