Legal Question in Banking Law in India

Thank you for asking a question, "i had recieved a cheque from a party in january.It was valid till 21/07/2011.I had presented it to the drawee bank 3 times and each time they returned it with a memo of insufficient balance.however i could not send a notice to the drawer of the cheque.Can i now send a notice to the drawer after the validity of the cheque is over or tell me what i can do?


Asked on 8/04/11, 7:23 am

5 Answers from Attorneys
Santosh Goswami,Advocate sure shot legal

Yes you can file a case under sec 138 N.I. Act and the cheque is valid for that purpose.

919555462995

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Answered on 8/04/11, 7:58 am
RAJIV GUPTA (Cell: +91 9811284735) [email protected]

in case one month is over since the last dishonour of cheque, you cannot invoke 138 NI act but you can file a suit for recovery.

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Answered on 8/04/11, 9:54 am
KarVai Legal Solutions Rajiv Gupta 9811284735 Ch.No: 359, Western Wing, Tis Hazari, Delhi www.karvai.in

i too agree with the above answer

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Answered on 8/06/11, 2:19 am
Aniruddha Pawse Aniruddha.P.Pawse Advocates

if it is within limitation then yes.

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Answered on 8/06/11, 7:17 am
Sanjay Kalra Sanjay Kalra & Associates

File a suit for recovery u/o 37 cpc agains the defaulter.

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Answered on 8/10/11, 2:45 am


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