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Please advice on my Cheque Bounce Case
10-Mar-2023 (In Cheque Bounce Law)
During the pandemic in 2020 a few of our checks bounced due to our lack of funds.
We have already cleared the payment to the client within 2 months of our checks being bounced, but the client has filed a case against us and is asking for 18%pa interest from the date mentioned on the check (not the date on which the checks were bounced), we are being harassed by them as they threaten to tarnish our image, now the case has been referred by the district court for mediation, please advice on what should be done? Also is there still any possibility of being sent to Jail (even though their amount has been given back)?
Rate of interest can be claimed after the payment of the principal amount in cheque bounce cases. However if the matter has been sent for mediation then it would be better to get it settled amicably. For any better advice and strategy on case, you entire case file needs to be perused. Please feel free to contact
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Adv. Bhawana Pandey
Delhi | 500+ Answers
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hello Clans you are mention that your some of your client got your cheques which god born during pandemic 2020 due to the reason of lack of insufficient balance and lack of funds as during periods pandemic period all the business activities got switched off and closed you suffered a or the check bounces but when the period of two months you have paid the amount to the cheques into the accounts of the in whose account check code bounced but still all these people are trying to harass you and check bounces case against you condition all the Kaise admission to Medicine centre for the mediation and they are trying to extra extra interest from the date of issuing the cheques as a matter of harassment to you this matters we can handle the situation very well you will not to pay any interest extra on the cheque amount the demand
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Adv. Vishwanath Pratap Singh
Delhi | 500+ Answers
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In the given circumstances if the amount stands settled between you and the other party then you shall approach the High Court for quashing.
Once you approach the high court the likelihood of a possible settlement arises.
The other person is well within their rights to file a lawsuit as 138 is governed under Criminal Law and they may seek penalty with that regard.
Once you approach the high court the likelihood of a possible settlement arises.
The other person is well within their rights to file a lawsuit as 138 is governed under Criminal Law and they may seek penalty with that regard.
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Adv. Kunal Sinha
Delhi | 200+ Answers
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Section 138 is bailable offence so no need to worry for jail ! Secondly if u have paid the cheque amount then u hv solid evidence for the payments ! Let the court decide on 18% interest …kindly b in touch
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Adv. D. Khan
Delhi | 500+ Answers
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