674+ Lawyers are online 
NBFC's/Banks Cheque Bounce & EMI Issues
24-May-2023 (In Cheque Bounce Law)
We have currently sales down, due to this we have issues to clear EMI's taken from Banks/NBFC's due to which they presented cheque bounce cases under section 138.
first of all ,ask clearly as you posted incomplete question . Bank filed against you that means they have taken check signed by you . you will get summon under section 138 negotiable instrument act. You have to mark your presence in the court after receiving the summons.
Helpful?
48+
48+
Adv. Divyta Goel
Charkhi Dadri | 25+ Answers
CONTACT NOW
hello if cheque bounce case is registered either you will have to contest it or compound it on the court, but to resolve issue you can take help of lawyer to negotiate bank with one time settlement (OTS) otherwise bank/ NBFC has right to recover through DRT or proceeding under SARFESAI act
Helpful?
40+
40+
Adv. Ranbir Singh
Faridabad | 500+ Answers
CONTACT NOW
Hi ,the offence under negotiable instrument act is bailable..You can obtain the bail from court by providing a surety ..The offence is compoundable ,and it can be withdrawn once you deposit the cheque amount with the court ..
Helpful?
44+
44+
Adv. Hemant Chaudhary
Gurgaon | 200+ Answers
CONTACT NOW
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.
Connect with top Cheque Bounce lawyers for your specific legal issue
No Comments! Be the first one to comment.
"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."
