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Recovery of money in cheque bounce case
20-Apr-2023 (In Cheque Bounce Law)
Party has issued us cheque of 16 lakhs and it got bounced. Now party says we do not have money to repay you.if we file case against them how we will be able to reciver our money.
Dear Client,
Dear client please file cheque bounce case against that person. Firstly send him legal notice and gave him 15 days time to pay u the amount. After that file a complaint under section 138 NI Act. Dear client for more clarification u can contact me and I m happy to help u.
Dear client please file cheque bounce case against that person. Firstly send him legal notice and gave him 15 days time to pay u the amount. After that file a complaint under section 138 NI Act. Dear client for more clarification u can contact me and I m happy to help u.
Helpful?
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Adv. Mudassar Khan
Delhi | 200+ Answers
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this is no defence in law. as per the legal terms, a person has no money when he is declared as "bankrupt". his intention of not paying you back is pretty clear and is thereby making excuses for the same. you can still go ahead with the case and he will have to answer in court
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Adv. Rohan Sharma
Delhi | 200+ Answers
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hello dheeraj
as ur cheque of 16 lakh have got bounced as when I try to contact tht person then he replied to you that he do not have money to repay ur money so you are having options to file case that is the only option to get ur money back . by the help of judicial process.
as ur cheque of 16 lakh have got bounced as when I try to contact tht person then he replied to you that he do not have money to repay ur money so you are having options to file case that is the only option to get ur money back . by the help of judicial process.
Helpful?
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Adv. Vishwanath Pratap Singh
Delhi | 500+ Answers
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Query perused. You may contact us for initiating legal action against the concerned party. There is a limitation period for issuance of legal notice and filing of criminal complaint under section under section 138 NI Act. For further consultancy and legal services you may contact us.
Helpful?
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Adv. Anubhav Kathuria
Delhi | 500+ Answers
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Hi,
It’s important to understand that a cheque was give to you to discharge a liability by the opposite party. It was dishonoured. So, it attracts section 138 NI Act.
Now, there’s a whole many process involved in this starting with sending a notice. For this you need an advocate to help you.
Feel free to contact me for all legal guidance.
It’s important to understand that a cheque was give to you to discharge a liability by the opposite party. It was dishonoured. So, it attracts section 138 NI Act.
Now, there’s a whole many process involved in this starting with sending a notice. For this you need an advocate to help you.
Feel free to contact me for all legal guidance.
Helpful?
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Adv. Kabir Hazarika
Delhi | 100+ Answers
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