I Have Debts On Me.. Provided Cheques Those Bounced...

571 votes

Sure, along with bankruptcy proceedings we can also pray to court for stay on criminal proceedings against you. For further guidance please contact me on call and visit my office for a meeting after taking a prior appointment.

Advocate Saurabh Tripathi LawRato

535 votes

First u file for quashing if FIR,s in High court and let me know whether the amount has been taken in the form of loan from any nationalized or private bank or through some agents /money lenders etc then I will be able to guide u properly . Contact me for further help.

Advocate Ashutosh Patel LawRato

730 votes

There is no complete detail of your case, but if there is only this much detail, then according to this only a case of check bounce is made on you, A case of 420 is not made, correct information can be given only after giving more details.

Advocate Prabhat Rajawat LawRato

682 votes

Whether your debts are individual or your company’s debts?
If company debts, then you can file for insolvency before national company law tribunal under the provisions pf insolvency and bankruptcy code.
And if these are your individual debts then you have to approach civil court having jurisdiction of the area in which you reside or were carrying on business in past 1 year.

Advocate Aayush Gupta LawRato

909 votes

If an FIR has been lodged against you then proceed as follows:

Step 1: Get Anticipatory Bail before you get arrested
Step 2: File a petition for quashing of the FIR and Chargesheet under Section 482 before the High Court

As far as getting declared as Insolvent, you can file the application under Presidency Towns Insolvence Act, 1920 at the District Court. Till the decision of Insolvency proceedings, there will be a moratorium i.e. Stay on proceedings by creditors.

Do contact us to know more in detail.

Advocate Harsh Kumar Patidar LawRato