Legal Question in Banking Law in India
cheque bounce
what if the payee says that the cheque was signed by him under some pressure or.(eg: I asked a loan from him so he issued a cheque. ).will this be treated as criminal offence against the person who issued the cheque
5 Answers from Attorneys
Re: cheque bounce
Please re-word your question.
Re: cheque bounce
Did the accused lodged any compalint in this regard with police etc?If not,then he can not take any advantage.No,it is not a criminal offence if accused say that he issued the cheque under pressure.In case of need conatct with details,professional charges are applicable.
Re: cheque bounce
this defence is to be proved in trial to disprove the case under 138 . prsumption is that it ws for valid consideration
Re: cheque bounce
If you are talking about the drawer of the cheque he is require to prove the same to the court's satisfaction.
Re: cheque bounce
your question itself is not properly worded."payee" is the person in whose favour the cheque is issued. "Drawer" is the person who issues/signs the cheque. Mere accusation by the drawer that he signed the cheque under pressure will not be treated as a criminal offence against him or the payee. Please avoid hypothetical and inconsequential questions on this forum.
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