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Cheque received from friend for cash loan given in installment of 20k


14-Sep-2023 (In Civil Law)
I gave my friend a loan of 4 lacs this was given in cash often 20000/10000 totalling to 4 lacs,unable to pay he gave me a check for 2 lasc each without date. I have not presented it can i legally porceed with these two checks Regards Srinivas
Answers (2)

Answer #1
523 votes
Yes you can present check. Here you need to follow two points' before presenting the said cheques please check in the concern branch that there is any endorsement like closure,stoppage payment or loss.... if not present the said cheque and recover the amount as per the legal procedure
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Answer #2
870 votes
Yes, u can present cheque at any time by writing date. If the cheque dishonors, then you can send him legal notice through your advocate and then file Private complaint in jurisdictional court. Since time is essential in Cheque bounce cases, consult any lawyer before presenting cheque to Bank and proceed accordingly
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