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Cheque Bounce Case Having Pro Note Without Stamp


04-Mar-2023 (In Cheque Bounce Law)
Hi Have Given Hand 4 Lacs Hand Loan To My Friend Against Blank Cheques and promissory note without stamp .can I go legally and is it necessary to show source of income during the case iam not paying any income tax .
Answers (1)

Answer #1
930 votes
hi since the amount is 4lakhs only, you need not be an income tax payer to grant hand loan to friends. you should issue legal notice and file a money recovery suit to claim both interest and principal

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