Account Closed
20-Jan-2023 (In Cheque Bounce Law)
I have borrowed 5 lakhs from my friend. Have him one security cheque without date.He has deposited cheque now.i have closed that account few months back .bank returned the cheque with remark ....Account closed.can he file legal suit under IPC 138 /142 against me ??
In Your case you closed your account prior to cheque get return with remark "Account Closed", hence Section 138 of N I Act doesn't commence, but your friend has doors open for Summary Suit in Civil Court by which he can recover either 5 lakhs or double to it, if he could prove the same in an evidence.
Contact me I will guide you for safe doors.
Contact me I will guide you for safe doors.
Helpful?
15+
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."