Legal Question in Credit and Debt Law in India

about section 138

sir,

My father Had taken 1 Lac rs.from our family friend,5 years ago.

By my father retierment he gave him 60,000 in part.

At the time of borrow my fatherr gve him blank cheaqe for ansuring.No document was done.

Now 2 days ago he sent us notice under section138,for Rs 2 lac.

My fatherr is retried now and i'm working in pvt.sector.We don't have money,and 2 lacs is bigger amout for us.

We're ready to give his left Rs 40,000,when we have it or in part. We are not in condition to hier a lawer.

What we shoud do?

Pl. help us.


Asked on 5/25/08, 1:19 am

2 Answers from Attorneys

Vivek Mapara Vivek N. Mapara

Re: about section 138

Advice cannot be given before knowing the entire transaction and going through the contents of notice. Personal Conference is required.

Feel free to contact.

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Answered on 5/25/08, 7:34 am

Re: about section 138

Take assistance of Legal Aid services which free and are available in Court like District court of your locality and get the reply sent of the said notice at earliest.

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Answered on 5/25/08, 1:54 pm


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