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company sending legal notice even after payment


04-Aug-2023 (In Cheque Bounce Law)
I have taken 150000 rupees from a finace company I paid dialysis basis and loan amount is clear day for this purpose I have given blonk cheque After one year they present cheques for amount 500000 rupees now they send legal notice now what I can do
Answers (3)

Answer #1
600 votes
Kindly contest the matter and defense and lead your evidence. Consult and get suggestions and clarifications in this regard. You should give a eminent reply their notice. Consult and get remedy. Consult and discuss.
Answer #2
632 votes
When you havr cleared loan its ur duty to take NOC from bank and take back cheque given as security any how u have not done it but givr a strong reply naratting entire facts how u cleared loan in reply and u have to contest thr case strongly rebutting presumption available under 139 of negotiable act do it.
Answer #3
927 votes
immediately you have to give reply notice to them and asking them to withdraw their notice because you are already cleared loan amount. you can claim compensation for harassment if you have sufficient documents

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