Legal Question in Banking Law in India
A Vendor has taken PDCs from us under duress and blackmail. Can we stop the PDcs without attracting Sec138.
Asked on 11/27/13, 1:17 am
2 Answers from Attorneys
J. Radhakrishnan
independent Practice
Immediately issue lawyer's notice to vendor to return the cheques as they were not for consideration. Simultaneously issue notice to bank to stop payment of the cheques as and when presented.
Answered on 11/28/13, 4:56 am
anuradha Dixit +9312411481
dixitlawfirm
file a police complaint elucidating the circumstances under which he blackmailed you into giving the cheques. Therafter send him a legal notice threatning him of legal action is he presents the cheque. Instruct the bank to stop the payment of the cheque.for further queries contact 9312411481
Answered on 11/28/13, 9:16 am
Related Questions & Answers
-
Sir, i registered my bank mortgaged property to a person and he know about bank... Asked 11/26/13, 9:31 pm in India Banking Law
-
Sir, I have took an loan of 1,48,000 from SBI through an MNC company where i was... Asked 11/26/13, 8:43 pm in India Banking Law
-
Can I file writ petition in high court on nationalized banks If loan not sanctioned... Asked 11/25/13, 10:12 pm in India Banking Law
-
I have a client which is dishonest to me. He has not paid a sum of 3 Lacs to me... Asked 11/22/13, 11:43 pm in India Banking Law
-
What is the limit for bearer cheque? How much i can withdraw by a bearer cheque Asked 11/22/13, 7:16 am in India Banking Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
