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Security cheque presented by bank against loan default
04-Oct-2024 (In Cheque Bounce Law)
Bank presented a undated security cheque after very long time and cheques were stopped long back,what to do now,bank put current date and presented acct is also dormant for couple of years,does it still be a cheque bouncing case amt bounced is more then what is due to bank as on date
You should immediately approach the police station according to your jurisdiction and register a complaint regarding the same. And if they do any kind of case then you will receive proper summons from the concerned court.
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Adv. Jitender Singh
Delhi | 1000+ Answers
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I have read your query regarding your case you should firstly raise a complaint in the nearby police station and you should also go to the bank to connect with them what they do to do when u will free call me back
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Adv. Gourav Sharma
Delhi | 100+ Answers
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If amount on cheque is more than the actual due amoun then the cheque is no way maintainable and your are going to win the case for sure. There several judgments of Supreme court upon this point supporting your case
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Adv. Abhimanyu Goel
Delhi | 25+ Answers
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If a bank presents an undated security cheque from a dormant account and it bounces, it can still lead to a case under Section 138 of the Negotiable Instruments Act. However, you can challenge this based on the cheque being undated, the account being dormant, and the amount exceeding your current dues. It's essential to contest the misuse of the cheque, especially if it was presented after an unreasonable delay.
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Adv. Qausar Khan
Delhi | 50+ Answers
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when did you hand over the cheque to the bank ? when did you stop the cheque for payment?
since what time the account is dormant? have received any notice from the bank towards the bounce cheque? all the questions are relevant for deciding your question
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Adv. Akhilesh Kamle
Delhi | 50+ Answers
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