my friend was issued a cheque a cheque, but the same bounced, its of Rs 3,0000/-. the amount means a lot for my friend what he should do
2007-04-21 07:53:32 · 10 answers · asked by vishal a 1 in Politics & Government ➔ Law & Ethics
dont worry friend just give a legal notice to the person with in six months from the date when cheque was issued, and give 15 days time if he does not still make the payment File a case under section 138 Of negotiable instrument Act
2007-04-21 08:01:49 · answer #1 · answered by annjee 4 · 0⤊ 0⤋
Although the bouncing of cheque is an offence under the Negotiable Instrument Act as well The Indian Penal code, but since the amount here is not so big the best course for him is to meet the party who has issued this cheque & have the same money in cash. The criminal complaint either to police in the form of FIR or to the designated court is both time & money consuming process & won't solve his financial problem immediately which as you say he requires this amount immediately. Bringing police in the process of getting the money back from the party can cost him heavily & he may loose a considerable amount in this, where as making a criminal complaint in the court for the offence of cheating cost him lawyers fees that will be much more then the amount itself.
2007-04-21 16:52:35 · answer #2 · answered by vijay m Indian Lawyer 7 · 0⤊ 0⤋
Cheque bounce is an offence. However, ask your friend to first contact the person/organisation that issued the cheque and demand a new cheque. If ignored, other legal steps could be considered.
2007-04-21 08:04:52 · answer #3 · answered by thinbrownline 2 · 0⤊ 0⤋
Where are you located first of all? Different countries have different laws. You can take it to the police if its over a certain amount or a magistrate. Sounds like it is but i am having a difficult time understanding what you are saying. What is its of RS etc...
2007-04-21 08:02:53 · answer #4 · answered by Shescraps 2 · 0⤊ 0⤋
Go to the police. It is a crime to bounce a cheque.
Make the guy pay for it. Warn him of the consequences.
You can make him land in jail.
Money is everyone's darling. Don't lose it.
2007-04-21 08:03:23 · answer #5 · answered by Vartha 3 · 1⤊ 0⤋
Resubmit again after informing the person who had issued the cheque.
if it bounces again, file a suite
2007-04-21 08:08:27 · answer #6 · answered by Chichi 3 · 0⤊ 0⤋
Try warning the issuer if he does not listen then you can take
legal action. Check when not honoured is a criminal offence in India.
2007-04-21 09:34:40 · answer #7 · answered by azrim h 5 · 0⤊ 0⤋
i'm a stickler to date as spelling is going, a minimum of for myself. i locate it much less substantial while conversing with acquaintances. All this is important for sturdy communication between acquaintances is an information of the message this is being conveyed. i do no longer carry spelling mishaps against all of us. lots greater substantial is what's being stated, different than for spelling and grammar errors.
2016-12-26 18:15:51 · answer #8 · answered by ? 4 · 0⤊ 0⤋
Refer to drawer in all cases.
Refer to police, Court etc. for damages, for punishment, for recovery etc.
2007-04-21 19:37:50 · answer #9 · answered by Anonymous · 0⤊ 0⤋
FIR
2007-04-21 08:01:55 · answer #10 · answered by MY LORD 5 · 0⤊ 0⤋