Legal Question in Credit and Debt Law in India

I have stopped payment of a party who had taken the cheque forcibly by me. now the cheque has bounced.what happens next?please advice


Asked on 5/30/16, 12:49 am

2 Answers from Attorneys
Dr Katta Venkata Rama Krishna Drkattavrk

1) Discuss and settle with the party.

2) The party may initiate civil and criminal proceedings u/s 138

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Answered on 5/30/16, 1:42 am
Fca Prashant Chavan Expert Edge LLP

30.05.2016

Dear Sir / Madam,

You should amicably resolve and settle the matter with the opposite party.

Regards,

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Answered on 5/30/16, 3:25 am


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