Legal Question in Banking Law in India

hi

This is Nagaraju, One person taken money from me amount 1,50,000 thousand indian rupees, now that person given cheque to me. But no money in his bank account. what i want to do now ?

please help me

Nagaraju

+91-9666163819


Asked on 6/26/13, 4:25 am

3 Answers from Attorneys

Yash Kumar Yash Kumar & Co.

Dear Sir,

There are two remedies available one is to file 138 NI Act and the other is to file recovery suit under Order XXXVII.

For further assistance you may please contact me on mobile 08750228171.

Thanks

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Answered on 6/26/13, 5:01 am
J. Radhakrishnan independent Practice

Immediately issue notice by regd.post acknowledgment due demanding him to pay the amount of cheque within15 days of the receipt of notice.

If he fails to properly respond,file a complaint under Sec.138 of the Negotiable Instruments Act.Please take the assistance of a local lawyer.

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Answered on 6/26/13, 5:39 am

dear Raju

the best option is to recover money via NI act for details mail me at [email protected]

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Answered on 6/26/13, 12:26 pm


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