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Friend took loan and cheque bounce


16-Jan-2023 (In Cheque Bounce Law)
Hi, My uncle took Rs. 9 lakh as loan for construction work of his house from my father. He is not returning it back and its now 2 years. Last year when we put pressure he signed a loan agreement and agreed for an EMI of Rs. 2 lakh. First two cheques got bounced. He doesn't want to pay it seems. Do we file the cheque bouncing case and the loan recovery amount separately? How much would be the cost of sending legal notice and to file a case? What is the court fees and advocate fees? What is the tentative time it takes to recover the money? Thank you!
Answers (5)

Answer #1
723 votes
Dear client,

Yes you can file cheque bounce but condition is that you have to send legal notice first and after that you can file cheque bounce complaint. As you say that you have loan agreement which is executed between your father and ur uncle you can file order 37 CPC case. Dear client for more clarification u can contact me and I m happy to help u
Answer #2
707 votes
Hi sir when was the the loan been done and all what did he say what did the loan agreement and all Been done and all what did he say and all first we have to see what Did he say and all yes u Can file a cheque Bounce against and all
Answer #3
999 votes
In this regard, i advice you that before filling cheque bouncing cases on him you should be sure that period of limitation should not have been over. You have not given complete set of details of your case. You do have remedy to file Section 138 NI Act and further a recovery suit against him but you need to tell me complete set of details for that. Lawyer and other fees can be talked about in person. For further clarification, please contact.
Answer #4
913 votes
Query perused. You can file a complaint under section 138 of the negotiable instruments Act and recover your money. You have to file a separate civil suit for recovery. Cost of legal notice would depend upon on the lawyer. Advocates fees depends up on the lawyer itself on the basis of his experience and standing. Tentative time around 1-2 years. For further consultancy and legal services you may contact us.
Answer #5
777 votes
Dear Client,

Yes, you can take action against your uncle if he has issued a cheque and has signed agreement for the concerned.
There is no fixed fee structure for all above purpose, it varies from client /advocate and place of filing and as per cases.
However , For Notice starts from RS.1500/-
For case varies advocate to advocate.
You may consult for. pls. rate on review.
thanks

Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.

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