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Need help with cheque bounce case amount was more then i borrowed
28-Jan-2023 (In Cheque Bounce Law)
I took 80k from private finance on 5% , gave him 2 blank cheque and some blank papers with my signatures , because of covid i lost my job and was not able to pay his money he requested a payment of 185000 and cheque was bounced and now i have received a notice from him
Sir, please reply the notice and and cheque bounce is serious offence. According, section 138 of NI Act, the dishonour of cheque is a criminal offence and is punishable by imprisonment up to two years or with monetary penalty or with both.
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Adv. Shikha Gupta
Delhi | 100+ Answers
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Hi, as it is clear that the amount you borrowed was 80k and interest was 5% , however the question remains silent as to if 5% interest is annually or monthly or otherwise, it is suggested that the amount they are requesting of 1.85 L is hugely inappropriate and therefore you may contest the case.
For more information feel free to have a word with me
For more information feel free to have a word with me
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Adv. Sahej Uban
Delhi | 500+ Answers
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Hi, you can get this done through the court by filing civil/criminal case. We can help you in filing the case. We are a law firm based in Delhi and we provide complete legal services all over Delhi and NCR. Please feel free to contact me for any further assistance.
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Adv. Anupam Kumar Mishra
Delhi | 200+ Answers
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