Legal Question in Criminal Law in India
what are ingredient for applying sec 138 of negotiable instrument act.
what is the punishment under negotiable instrument act and what is the rate of interest under the act which court can grant.
Asked on 11/11/13, 7:35 am
1 Answer from Attorneys
Rajiv Chandhok Ph: +919810050896
https://www.linkedin.com/in/rajiv-chandok-0827b733/
The cheque in question is for the discharge of a legally recoverable debt and it is presented within 3 months from the date of issue. The maximum punishment is 2 years and the interest is payable upon the discretion of the court. You may drop in a detailed query at [email protected]
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JSR/121113
Answered on 11/11/13, 10:19 pm
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