Legal Question in Banking Law in India
if a cheque is bounced a year ago, can legal action initiate upon the person under negotiable act
Asked on 1/05/11, 6:48 am
1 Answer from Attorneys
RAJIV GUPTA
(Cell: +91 9811284735) [email protected]
no, under negotiable instruments act, no action can be taken but the person may file a suit for recovery under order 37 of civil procedure code.
Answered on 1/05/11, 10:47 pm
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