Legal Question in Banking Law in India
if the cheque is bounced due to effects no cleared present again can we proceed for 138
Asked on 11/19/13, 10:31 pm
1 Answer from Attorneys
J. Radhakrishnan
independent Practice
No, u have to present it again after two or three days and even then it bounces u can proceed under Sec.138 of N.I.Act.
Answered on 11/20/13, 6:46 am
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