Legal Question in Banking Law in India
what to do if a cheque issued to me bounces,(for the good he has bought from me)(can he ask me to take back the goods?)(my bill mentions good once sold cannot be exchanged or returned)and i dont know the drawers address?what is the next step i can take,(if i know only his phone number)....
Asked on 2/08/10, 6:34 am
3 Answers from Attorneys
Sudershan Goel
India Law Offices of Sudershan Goel - Advocate
You may obtain drawer's address from the Bank and initiate appropriate legal action.
Answered on 2/08/10, 10:09 pm
After getting drawer's address you first need to serve him a legal notice through an Advocate. If you don't receive the amount of cheque back within stipulated period, you should proceed with a Criminal Complaint u/s 138 NI Act.
Answered on 2/08/10, 11:55 pm
Nandita Haldipur
Haldipur Associates
you need to get the drawers address and then issue a notice to him and proceed with a complaint under section 138 of Negotiable instruments act
Answered on 2/11/10, 2:54 am
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