Legal Question in Business Law in India

cheque bounce

Dear sir/madam,

I gave Rs.4 lacks to my friend for some personal financial problem. he has given a blank cheque without date and name,a blank bond paper of rs 200, an on demand note(promissory note) blank . Now he is not willing to return the amount. what action can i take . i dont know whether the account is active or not ? please suggest


Asked on 2/17/08, 5:54 am

5 Answers from Attorneys
Deepak kumar

Re: cheque bounce

You must file a case under Section 138 of Negotiable Instrument Act, after making the cheque bounce and giving a legal notice. Ina ddition, based on personal bond, you can also file a recovery suit. Money will be recovered with interest.

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Answered on 2/17/08, 10:19 pm
Homi Maratha N.N. Maratha & Co.-Advocates

Re: cheque bounce

Yes you take action u/s 138 of the NI act.

Please consult a local lawyer.

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Answered on 2/18/08, 2:09 am
Corpus Global Corpus Global

Re: cheque bounce

We could give you a complete guidance in this matter. You could surely get your money back.Kindly contact us through E-Mial with complete details for further assistance and advise. Professional charges do apply.

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Answered on 2/24/08, 12:19 pm
Daya Krishan Sharma D.K.Sharma & Co.(Advocates, Supreme Court)

Re: cheque bounce

A complaint under Section 138 of the Negotiable Instruments Act can be filed after service of legal notice of demand

dksharma

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Answered on 2/21/08, 1:01 am
Aniruddha Pawse Aniruddha.P.Pawse Advocates

Re: cheque bounce

Is the chq and bond signed by him if so fill the chq deposit into your bank if the chq is bounced file a case by giving notice thru an advocate u/s 138 of N I act.

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Answered on 2/18/08, 11:35 pm


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