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I had given surety of my flat in a written agreement of my flat


12-Feb-2023 (In Cheque Bounce Law)
One of two friends wanted 15lakhs I didn't have cash so they brought a financier who gave them 15lakhs but as a surety, my flat was taken as a surety for 15lakhs after some time they became bankrupt and the onus fell on me to give 15lakhs.The financier started pressuring me to pay his amount as my mother was ill and he was creating problems by sending people I issued two cheques of 8 and 8 lakhs the financier went ahead and deposited the cheques on 2017 and the cheques bounced now he has filed a criminal case against me in the court.
Answers (1)

Answer #1
943 votes
Dear Sir,
There are so many judgments wherein a surety had given cheques without any consideration for himself for not liable to face criminal charge. In this instant case also you being a surety not received any consideration for the amount stated in the cheque as such not liable for the criminal charges leveled against you. You will get justice only before High Court.
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