Legal Question in Banking Law in India

Sir,
I working car dealer posting asst Manager one customer payment mode cheque Rs. 49242 to [person] Pondicherry on March 27 2012. [Person] agreed to pay back the same amound after 15 days.send though mail request. As a matter of trust, the same gentleman issued me a check for Rs. 49242 to be paid on 27/03/2012. However, the issued check was bounced on 05/04/2012 due to insufficient funds.
After repeated pleas, the same gentleman did not pay me loan amount of Rs. 49242. No response, rebounding and threatening he would never pay me the same amount. Kindly provide me legal advice on how to proceed further and next steps to initiated.
What should I do as a next step?

Asked on 4/14/12, 2:03 am

Aniruddha Pawse Aniruddha.P.Pawse Advocates

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0 attorneys agreed

Immediately issue a legal notice thru a lawyer and file case u/s S138 N I Act.

Answered on 4/14/12, 6:52 am

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