What step should i take if the cheque given by me has bounced
19-Nov-2023 (In Cheque Bounce Law)
I took 3 lakhs from my friend "A" an year back. after 2 months, he came to my home with his friend "B" and they both took 3 check from me for 20 lakhs. It is my mistake to give check for 20 Lakhs while i only took 3 lakhs. (i just signed the check and wrote the amount in numbers. Did not write the receiver name or amount in words). I thought I will get back the check after paying the money. Then after 1 month, I paid 2.5 lakhs in installment and asked for the checks back. My friend "A" did not give the check instead he gave it to his friend "B" to whom I have spoke only once. Now the person "B" deposited the check in his bank and bounced it. I am afraid, what should I do if he file a check bounce case? Pls help.
have you signed any agreement with your friend "A" for getting three lacks from him? how have you paid the 2.5 lacs to "A"?
if you have records then that will help you to sort out if B files a cheque bouncing case.
if you have records then that will help you to sort out if B files a cheque bouncing case.
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