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Non bailable warrant issued still not cleared
12-Sep-2023 (In Cheque Bounce Law)
Let fresh NBW be issued against the accused on filing of PF returnable
for 31.01.2020.
Above mentioned is the order of court what does it mean.
Can you please tell how my uncle who has recovery against him of about 4 cr can be saved i.e. can he declare insolvency or what?
It means a non bailable warrant issued against him and police can arrest him to produce before the court. Insolvency is different matter and its a long process to declare some as insolvent. It is suggested that first secure a bail for your uncle by arranging a surety of appropriate amount demanded by court.
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Adv. Naveen
Bahadurgarh | 25+ Answers
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(pf)processing fees not filed ,so once it will be filed by the Complainant then the nbw will be issued. declaring insolvent cannot save the accused from the liability of sec 138 of ni act. Insolvency and Negotiable Instruments are two different things and cannot override each other. If there is any technical discrepancy in the Complaint then only the accused can rebut the sec 139 of ni act.
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Adv. Vineet Grover
Karnal | 25+ Answers
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Hi, NBW stands for Non bailable warrant..The court has issued the warrant,for the appearance of accused before the court ..The offence is bailable ,your uncle can appear and take bail before court and can contest the complaint on merits
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Adv. Hemant Chaudhary
Gurgaon | 200+ Answers
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