625+ Lawyers are online 
Person not returning money what to do
07-Apr-2023 (In Cheque Bounce Law)
I GAVE FRIENDLY LOAN TO INDIVIDUALOF RS TWO LACS BY CHEQE. NOW CHEQUE GIVEN IN REPAYMENT BOUNCED HE PAID INTEREST FOR 30 DAYSONLY FOR ANOTHER 98 DAYS HE HAS NOT PAID INTEREST NOW HIS ADVOCATE SAYS YOU DONT HAVE MONEY LENDING LICENSE HENCE YOU HAVE NO RIGHT UNDER CHEQUE BOUNCING PL ADVICE WHETHER LAWYEAR IS RIGHT IF YES WHAT IS REMEDY AND MY DEFENCE
No his not totally right in the society generally people gives hand loan to the friends for their special purposes same you did it u r have all the rights to file or the case against him just need to send legal notices and need to follow the procedure further details contact us
Helpful?
32+
32+
Adv. Ranjeet Unnikrishnan Nair
Mumbai | 100+ Answers
CONTACT NOW
Under Section 138 of Negotiable Instruments Act, you have a right to file a suit against the person for the bounced cheque and recover the amount given as loan. You do not require money lending license for this case. Firstly, you can send a notice under Section 138 for Dishonour of Cheque through a lawyer, but it should be sent within the limitation period.
Helpful?
35+
35+
Adv. Abdulkader S. Patanwala
Pune | 25+ Answers
CONTACT NOW
You can file cheque bouncing case against you're friends.but in that case you don't disclose that you received 30 days interest.its others party defense that he gave u interest let them Prove in evidence at primary sarge I gave you suggestions that send demand notice through you're advocate of contening cheque amount
Helpful?
45+
45+
Adv. Siddharth Rajendra Gaikwad
Pune | 25+ Answers
CONTACT NOW
Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.
Connect with top Cheque Bounce lawyers for your specific legal issue
No Comments! Be the first one to comment.
"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."
