Cheque bounce and lended money recovery case
29-Aug-2023 (In Recovery Law)
my money Can be recoverable or not in case I have last year cheque as security given by second party,can cheque amt is recoverable or not how much time it will take in recovery of money which I lended to second party
If your money is struck with the opposite party then it can be recoverable and if you have got the cheques then submit it in the bank and if it bounces then you can always approach the court to demand your money back along with interest. Time is unpredictable but problem will be solved. For more legal assistance I am just a call away.
If your money is struck with the opposite party then it can be recoverable and if you have got the cheques then submit it in the bank and if it bounces then you can always approach the court to demand your money back along with interest. Time is unpredictable but problem will be solved. For more legal assistance I am just a call away.
Don’t mis use the cheque.
If cheque has the date of last year then it is already expired as validity of cheque is three months. However it can be used for order 37 or suit for recovery! Don’t enter any amount in the cheque if it is blank until you hire any expert advocate, it needs proper n genuine calculation!
Thanks n b in touch
If cheque has the date of last year then it is already expired as validity of cheque is three months. However it can be used for order 37 or suit for recovery! Don’t enter any amount in the cheque if it is blank until you hire any expert advocate, it needs proper n genuine calculation!
Thanks n b in touch
cheques become invalid after 3 months from the date written on the cheque. if there is no date on the cheque, then you can put a recent date and get it encashed. you can also file a civil suit for recovery. if not settled, it should take about 1 year for you to get your money back. you will also be awarded interest on the amount for the period it hasn't been paid.
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