Legal Question in Banking Law in Bangladesh

check bounce

actully i save my mony in samruthi saving and investment .but problem is that now this sanstha closed . they give me check but it is bounce then what kind of action we have done & what happen after that on employee?


Asked on 1/30/09, 2:11 am

4 Answers from Attorneys
Abdullah Al Mubin

Re: check bounce

Since the sanstha is closed you have rightly taken a cheque from them. It will operate as security. you present the cheque before the bank for encashment. if bank refuse to encash it you may take recourse to law.

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Answered on 2/08/09, 8:48 am
Homi Maratha N.N. Maratha & Co.-Advocates

Re: check bounce

You may initiate proceedings u/s 138 of the NI Act.

Consult a local lawyer.

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Answered on 1/30/09, 3:59 am
Sudershan Goel India Law Offices of Sudershan Goel - Advocate

Re: check bounce

You may initiate appropriate proceedings against the signatories of the cheque.

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Answered on 1/30/09, 12:30 pm
J. Radhakrishnan independent Practice

Re: check bounce

start proceedings under Sec.138 of Negotiable Instruments Act with the help of a lawyer of your place. No use in asking for solutions in this forum.

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Answered on 1/30/09, 11:19 pm


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