Legal Question in Banking Law in Indiana
cheques
bank returned the cheque with the endorsement of '' refer to drawer'' whether this atract sec 138 of negotiable instrumentation act
Asked on 2/12/08, 5:35 am
4 Answers from Attorneys
Homi Maratha
N.N. Maratha & Co.-Advocates
Re: cheques
Contact with the bank in person and yes this attracts sec 138.
Answered on 2/12/08, 6:57 am
Re: cheques
Yes.Cheque returned/dishonoured for any reason attracts section 138 N.I.Act.
Answered on 2/12/08, 11:26 am
J. Radhakrishnan
independent Practice
Re: cheques
yes, give notice within 30 days of the receipt of return of the cheque and then proceed as per Sec.138 of N.I.Act.
Answered on 2/13/08, 6:30 pm
Aniruddha Pawse
Aniruddha.P.Pawse Advocates
Re: cheques
Yes proceed further if you wish to.
Answered on 2/15/08, 3:56 am
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