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Can bank file a case of cheque bounce for the security cheque


01-Oct-2023 (In Cheque Bounce Law)
I have a personal loan from a private bank. Due to financial crisis I stopped paying emis after 2 and half years. Bank used one security cheque and withdrawal from my A/c linked for Emi's. I put stop payment on other security cheques. In this case if bank try to withdraw and security cheque get dishonoured, do it falls under criminal offence of cheque bouncing in this scenario? Please advise.
Answers (2)

Answer #1
791 votes
yes if the liability lies on you bank can take action on it as per rbi norms but through proper channel by giving notice to you they cant do it directly there is a proper channel to it which they have to opt. Emi not paying is itself a crime and cheque bounce is the second crime.

Answer #2
858 votes
AAPL sabse pahle poori baattien likhein
Then aapne kitna EMI jama kiiyya air kitbag baaki aap is bass ka agar Apko latta hai ki ki maple cheat kiyan hai bank new to leagal notice bhejwain air mention agar ki agar aap Aaisa nabi kite to to case file kite jayega

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