Legal Question in Banking Law in India

cheque bounce

My party has given me cheque of my payment due

on him.But when i presented the cheque it got

bounce and memo says that insufficient balance and

the cheque belong to some other person(servant of

the party).What remedies are available to me,please

suggest


Asked on 5/21/08, 2:39 pm

5 Answers from Attorneys

Re: cheque bounce

you may file complaint u/s.138 N.I.Act and also recovery suit.

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Answered on 5/25/08, 2:02 pm
Aniruddha Pawse Aniruddha.P.Pawse Advocates

Re: cheque bounce

You can file a case u/s 138 of Negotiable Instruments Act and also u/s420 IPC.

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Answered on 5/22/08, 7:20 am
Homi Maratha N.N. Maratha & Co.-Advocates

Re: cheque bounce

You have got a strong case.

Approach a local lawyer in your town and ask him to file a case u/s. 420 of IPC and you may also file a case u/s. 138 of the NI Act.

In case of need contact personally.

Professional charges are applicable.

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Answered on 5/22/08, 9:49 am
G. M. Gupta gmguptaandassociates

Re: cheque bounce

you can file both civil and criminal matter against the person

in criminal u can file compalaint u/s 138 NIA and in civil u can file civil recovery

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Answered on 5/24/08, 10:12 pm
G. M. Gupta gmguptaandassociates

Re: cheque bounce

you can file both civil and criminal matter against the person

in criminal u can file compalaint u/s 138 NIA and in civil u can file civil recovery

Read more
Answered on 5/24/08, 10:12 pm


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