Advocate Veena Bane

Questions Answered by Advocate Veena Bane

Q: Repayment and bank harrasement

Dear sir,Due to some financial issues i am stuck with repayments for loan emi n credit cards .Only 1 emi bounced for credit card min amount is high .I haven't said that i will not make payment but PL ,Car loan ,Credit card department are forcing me to pay otherwise they will take action legally.I told them i will pay the interest regarding the same but they are denying as well as not cooperative.Request you to pls guide me for the same.

Advocate Veena Bane answered
In response to notice received under section 17 of interim orders.I was using a kotak credit card, but due to my job loss and financial crunches i was unable to make payments but i kept on paying them their minimum dues. They removed my account from online application through which i was getting information regarding my outstanding amount and also the statement they used to send that was also not accessible because of wrong password set. Now they had sent me a legal notice under section 17 of interim orders and i m not aware what to do.. Please helpAnswers (1)Dishonor of cheque or cheque bounce occurs when a cheque that is presented in the bank is returned unpaid. It could occur due to insufficient funds in the bank account of the person who issued the cheque or if the signatures on the cheque do not match with the original signature of that person. You can proceed against the person who has issued such a cheque under various provisions of law. The most important and useful provision to consider is Section 138 of The Negotiable Instruments Act. I will help you

Q: Cheque Bounce case needs to be processed

My client give me cheque against the outstanding, since 4 months he is not responding against phone calls, sms and WhatsApp. I have visited his office but he is not available. I have his one security cheque with me if I deposited it will get bounce. So I want to prepare legally before deposition of cheque kindly advice.

Advocate Veena Bane answered
In response to notice received under section 17 of interim orders.I was using a kotak credit card, but due to my job loss and financial crunches i was unable to make payments but i kept on paying them their minimum dues. They removed my account from online application through which i was getting information regarding my outstanding amount and also the statement they used to send that was also not accessible because of wrong password set. Now they had sent me a legal notice under section 17 of interim orders and i m not aware what to do.. Please helpAnswers (1)Dishonor of cheque or cheque bounce occurs when a cheque that is presented in the bank is returned unpaid. It could occur due to insufficient funds in the bank account of the person who issued the cheque or if the signatures on the cheque do not match with the original signature of that person. You can proceed against the person who has issued such a cheque under various provisions of law. The most important and useful provision to consider is Section 138 of The Negotiable Instruments Act. I will help you

Q: In response to notice received under section 17 of interim orders.

I was using a kotak credit card, but due to my job loss and financial crunches i was unable to make payments but i kept on paying them their minimum dues. They removed my account from online application through which i was getting information regarding my outstanding amount and also the statement they used to send that was also not accessible because of wrong password set. Now they had sent me a legal notice under section 17 of interim orders and i m not aware what to do.. Please help

Advocate Veena Bane answered
Dishonor of cheque or cheque bounce occurs when a cheque that is presented in the bank is returned unpaid. It could occur due to insufficient funds in the bank account of the person who issued the cheque or if the signatures on the cheque do not match with the original signature of that person. You can proceed against the person who has issued such a cheque under various provisions of law. The most important and useful provision to consider is Section 138 of The Negotiable Instruments Act. I will help you

Q: For cheque bounce quiry I had got summon from court

I was given chEque of hdfc bank link road mala west Mumbai branch the party has fill check bounce case at andheri mm court is the jurisdiction is correct or wrong... Plz guide

Advocate Veena Bane answered
Dishonor of cheque or cheque bounce occurs when a cheque that is presented in the bank is returned unpaid. It could occur due to insufficient funds in the bank account of the person who issued the cheque or if the signatures on the cheque do not match with the original signature of that person. You can proceed against the person who has issued such a cheque under various provisions of law. The most important and useful provision to consider is Section 138 of The Negotiable Instruments Act. I will help you

Q: Job left with loan outstanding

Sir, i left job from a private limited company suddenly with some force of that management only due to my personal issue, they thought that it would effect to company so they asked to resign me. (only personal issue not company related issue) But point is now there was a some loan taken in company now they send me formal loan outstanding detail (something fishy in calculation of course ), anyhow i have never signed on a agreement or on any paper or anywhere that i have taken loam, but there is a direct transfer from organisation account same as salary credit,Now my query is there any chance that they can go for legal? If they do what proof they may show or in which way they can produce?

Advocate Veena Bane answered
My best advise is you can approach the Legal Services Authority of India, situated in all the states. They will engage a lawyer for you can fight out the matter. You can also meet the bank and request for reduction and waiver of interest if you are willing to settle the smaller loans immediately, thereby most of your worries will be over.