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Cheque bounce case pending and not able to pay settlement amount


01-Feb-2023 (In Cheque Bounce Law)
i m facing check bouncing case from bajaj finance against personal loan but present i m totally financialy weak i m not able to pay settelement amount also opposite party giving me settelement of 60000rs for 1 short but i m nt able to pay either emi also .....i m jobless from 1st august 2015 n untill i m jobless
Answers (5)

Answer #1
999 votes
In case they have invoked 138 proceeding you have to fight and getting settled in mediation in installment basis or lead the case and paid before defence evidence. If they have not filed case before Court.
Answer #2
533 votes
You haven't clarified that whether a case against you has been instituted or not and where the settlement proceedings were carried in court or out of the court. Was you were served a legal notice or not. There are few more things required to be known to help you out.
Answer #3
564 votes
Make out a defense legally tenable. Accordingly file an application under section 145 (2) of Negotiable Instruments Act. Thereafter contest the case. You will get sufficient time to arrange money for settlement.
Answer #4
688 votes
Hello,
The information provided by you is not complete. Is a cheque bounce case pending against you in a court of law? If yes, then specify, it is it at what stage. Also, have you reached a settlement with the complainant before the court or otherwise? If you've reached a settlement before the court, you can seek a further extension of time subject to the permission granted by the court and consent of the complainant.
Answer #5
843 votes
Where your settelment atise before court or mediation in case or before bank authority the recovery of amount is depend of your prop value the bank will go to DRT to have order to recover the amount here you are needed to consult personaly to discuss on matter thanks

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