LawRato

Recovery of money. How to proceed ?


01-May-2023 (In Cheque Bounce Law)
I had given ten lakh rupees to my friend for his tuition center. 500000 by rtgs 15000 by deposit in his account 350000 by cash .he did not give my rupees. At last on he gave me a cheq of rs ten lakh with date of 31-3-2017 with written on stamp paper . Chek was bounce on 10th April .how can I get my money back.
Answers (3)

Answer #1
601 votes
Dear client,
you should send him a legal notice for cheque bounce, such notice must sent within 30 days of cheque dishonour.
Then you can initiate proceeding under ni act against him.
For further information you can call me.

Regards,
Answer #2
643 votes
Hi, as you wrote the cheque has been dishounered, you have only 30 days to send a legal notice, from the date of cheque dishounered. Without serving a legal notice to drawer you can not file a complaint against him , it's a legal procedure. For detailed discussion you can call me .
Answer #3
976 votes
Send him a notice under 138, NI Act with immediate effect. If you fail to send him notice within 30 days then you might loose your chance to file criminal case against him.

Prosecuting someone under 138 NI Act is advisable.

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.

Report abuse?

Comments by Users

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."