Legal Question in Banking Law in India

My friend did a fraud with an multinational company by using a blank cheque of amount 25 lacs.

What is penalty for him for these charges?

Can he settle this out of court?


Asked on 11/06/13, 1:24 am

1 Answer from Attorneys

Rajiv Chandhok Ph: +919810050896 https://www.linkedin.com/in/rajiv-chandok-0827b733/

He may settle it out of court if no FIR is registered. or else he may have to go to jail under the following charges 420/406/422 IPC.You may drop in a detailed query at [email protected]

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Answered on 11/06/13, 2:37 am


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