Legal Question in Banking Law in India

Sir,its true I had given a cheque against financer but I'm not position to repay him at the same time started to blaming me by keeping the case in this situation I had stopped the cheque leaf in request with bank now what is position of case


Asked on 6/18/16, 12:49 am

2 Answers from Attorneys

If u cannot repay the cheque amount, u hv to go to jail.

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Answered on 6/18/16, 1:12 am
Fca Prashant Chavan Expert Edge LLP

18.06.2016

Dear Sir / Madam,

You should negotiate the matter regarding repayment and settlement of the loaned amount with the financier.

Regards,

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Answered on 6/18/16, 2:20 am


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