Legal Question in Banking Law in India
i working in a share broking. One client have invest Rs.690000( they give amount way of net transfer to demate account) for day trading and delivery basis. His invest after 7 months their investment amount come to around Rs.200000. They get the cheque without fill the date, for their investment amount Rs.690000 for cheating come to his friends. Am sufferingly going to give "stop payment" for that cheque through netbanking. Now they fill the date and that cheque was returned the reason of stop payment. He is going to court and file the case us 138. Now 200000 value shares in their account at the same time file the case against my cheque. This legal to us 138. Can i punished for us 138. Please tell what can i do here.
3 Answers from Attorneys
Prima facie you are liable, however if you show that the wad not issued to discharge any debt or liability, then you maybe acquitted.
Kind regards
Setu Niket
Advocate
+91-987310672
i think that if you fight the case seriously then definitely you will the case.
Somnath Mukherjee 9874753359.
The facts as you have described are not coming out clearly, whatever one can understand from the same, it seems you are liable.
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