Legal Question in Banking Law in India

cheque bouncing NIA

In continuation to my previous letter , We have already engaged a local lawyer who has already moved discharged application on our behalf and hearing of the case is fixed last week of the this month.my point wise querris as under :-

1.Whether the amount deposited by the corporation in Hight court against kurki as per the direction of the H'ble court can be adjusted againt the cheque bouncing amount.

2. Amount recd. and used by the corporation for their activities. how can we personel liable for the act of the corporation ?

3. The Managing Director, GM who have issued the post dated cheques had not made party by the petitioner out of which one has resign and another was dead.

3. The other person who has signed the cheque has also not made accused.

4. Our corporation has closed the account and also inform the petitioner in advance not to present the cheque on due date as the financial position of the corporation is worst.

5. one interested thing is also that the one signatory of the Post dated cheque was retired at the time of cheque dishonoured or presented to the bank. Is this is not a remedy ?

6.The petitioner and our management has made various meetings to sort out this which records r available?


Asked on 8/13/07, 1:09 pm

2 Answers from Attorneys

Re: cheque bouncing NIA

All relevant papers are required to be examined to render any advise on the subject matter.Pl.Note that advise shall not be free of cost.In case of need contact with all details and papers.

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Answered on 8/13/07, 1:51 pm
G. M. Gupta gmguptaandassociates

Re: cheque bouncing NIA

this site is for help not to take full fledged consultation.

consult personally

consultation charges will apply

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Answered on 8/17/07, 10:41 am


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