Cheque received against a friendly loan got bounced
15-Jun-2023 (In Cheque Bounce Law)
It was a friendly loan that i gave to a friend and he gave me 3cheques as repayment. But all 3 cheques got bounced. That person is missing now and i dont know his current address. Please help me with your suggestions on how i can get legal help on this.
If the cheque is bounced the normal procedure is to send him a demand notice asking him to repay the loan amount if he does not repay the amount then a criminal proceeding u/s 138 is initiated against that person as per your querry that person is missing then you should make a police complaint.
regards
regards
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