Dishonour of Cheque of Closed Account
16-May-2025 (In Cheque Bounce Law)
I gave a cheque with sign of an which was closed 5 years ago, Can he do something legally against me?
And if yes can i hear the matter in my jurisdiction instead of his jurisdiction?
If the cheque was from an account closed 5 years ago, the legal remedy under Section 138 of the Negotiable Instruments Act is not applicable unless the cheque was presented within 3 months of issuance and a legal notice was issued within the prescribed time. If no timely action was taken, the claim may be time-barred. Regarding jurisdiction, as per recent Supreme Court rulings, the case can only be filed where the drawee bank (your bank) is located. Hence, the matter should lie in your jurisdiction. Consult a lawyer immediately if a case has already been filed
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