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Got termination ,not giving my signed chèque of contract .
06-Oct-2023 (In Cheque Bounce Law)
Got termination ,not giving my signed chèque of contract ,i have stopped cheque fromage m'y bank saying Its lost what can Company owner do ? And Its being 35 days since termination and ï hv stopped cheque today So Will whatsapp time m'y signed chèque Will be valid for thém to do any bounce cheque complain ?
Sir/Ma'am,
Primarily it appears that your query lacks certain specific details about the circumstances of termination and the contract terms.
Answering your query about validity of the cheque - a cheque remains valid and is not considered as stale, for a period of 3 months from the date of the cheque.
If the cheque issued by you is deposited, it will be returned with an intimation of payment stopped by drawer. Since accoriding to the existing law, the presumption is against you, the company can initiate legal proceedings of cheque dishonor against you, subject to the terms of the contract in this respect (if any).
Once and if in case the cheque dishonor complaint is filed, you have multiple legal recourse available to defend yourself, which you may choose from, after proper legal consultation.
Primarily it appears that your query lacks certain specific details about the circumstances of termination and the contract terms.
Answering your query about validity of the cheque - a cheque remains valid and is not considered as stale, for a period of 3 months from the date of the cheque.
If the cheque issued by you is deposited, it will be returned with an intimation of payment stopped by drawer. Since accoriding to the existing law, the presumption is against you, the company can initiate legal proceedings of cheque dishonor against you, subject to the terms of the contract in this respect (if any).
Once and if in case the cheque dishonor complaint is filed, you have multiple legal recourse available to defend yourself, which you may choose from, after proper legal consultation.
Helpful?
Adv. Gaurav Lakhwani
Ahmedabad | 25+ Answers
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