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Procedure and consequences of Cheque Bounce
27-Jul-2023 (In Cheque Bounce Law)
I have given 4 lakh rupees to my friend at that time i had taken written notary on 500 rs stamp from lawyer now he is not able to return my money and he didnt have any property. i have checks given by him then if i bounce the check and file a case against him then what is the result of court case and can i get my money
Yes definately u will get money.
As well as you are liable to get a compensation from opposite party
In this case you will get cheque amount as well as compensation amount.
So don't worry about money.
As well as you are liable to get a compensation from opposite party
In this case you will get cheque amount as well as compensation amount.
So don't worry about money.
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Adv. Anis Momin
Pune | 200+ Answers
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Is there any date on the cheques given n the document taken on 500 rs st paper is it notarized. Now after the cheques get bounced one has to proceed for 138 nego. Inst act n file a complaint in one month period
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Adv. Kavita Kulkarni
Pune | 100+ Answers
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Deposit the cheque and if it bounces you can send him notice through a lawyer. If he still does not return then you can file a civil or criminal case under Section 138 of Negotiable Instruments Act, 1881 or Sec 417 and 420 of the Indian Penal Code (IPC) 1960.
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Adv. Jessy Richard Payne
Mumbai | 25+ Answers
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Civil and criminal both type of cases could be filed. But objective is to collect the money. If you're sure that friend doesn't have any property/ money.....you can pray he get some lottery. Other way he could face imprisonment upto 2 years, if case files under negotiable instruments act
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Adv. Sudip Mallick
Mumbai | 25+ Answers
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