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Can the cheque holder sue if the bank account is closed
17-Jul-2023 (In Cheque Bounce Law)
Bank account was not active and I issue a cheque to someone but before it get active I cancelled the process of opening bank account ....is that cheque when sent to the bank it will bounce and cheque holder can sue me.?
Dear client,
Yes activity/process that u have done come under cheque bounce case.Section 138NI Act clearly state that if a person issued a cheque in discharge of his/her liability if that cheque bounce than in that case person is punishable under section 138 NI act .Court presume that u issued the cheque in discharged of ur legal liability.Court will also ask u why u issued the cheque if u knows that ur account is inactive.Dear client for more clarification u can contact me and I m happy to help u.
Yes activity/process that u have done come under cheque bounce case.Section 138NI Act clearly state that if a person issued a cheque in discharge of his/her liability if that cheque bounce than in that case person is punishable under section 138 NI act .Court presume that u issued the cheque in discharged of ur legal liability.Court will also ask u why u issued the cheque if u knows that ur account is inactive.Dear client for more clarification u can contact me and I m happy to help u.
Helpful?
Adv. Mudassar Khan
Delhi | 200+ Answers
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