Legal Question in Banking Law in
what can be the remedy if ac is closed and cheque is deposited after 5 months .sec138
Asked on 1/29/11, 7:22 pm
2 Answers from Attorneys
J. Radhakrishnan
independent Practice
Proceed under Sec.138 of the Negotiable Instruments Act against the drawer of the cheque.
Answered on 1/29/11, 8:48 pm
RAJIV GUPTA
(Cell: +91 9811284735) [email protected]
a complaint under negotiable instrument act lies and a recovery suit may also be filed for the payment.
Answered on 1/31/11, 1:20 am
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