Legal Question in Banking Law in India
dishonour of cheques
I had lodged cheques issued by drawer and they were returned by the bank stating the reason ''Account Freeze'' .What legal recourse do I have against the drawer of cheque
Asked on 4/13/09, 7:50 am
4 Answers from Attorneys
Sudershan Goel
India Law Offices of Sudershan Goel - Advocate
Re: dishonour of cheques
You may be entitled to initiate criminal prosecution u/s 138 N.I.Act as also file a suit for recovery.
Answered on 4/15/09, 1:03 pm
J. Radhakrishnan
independent Practice
Re: dishonour of cheques
you can proceed under Sec.138 of N.I.Act.
Answered on 4/16/09, 10:08 pm
Aniruddha Pawse
Aniruddha.P.Pawse Advocates
Re: dishonour of cheques
you can file S138 NI act case
Answered on 4/13/09, 10:52 am
Pranav Desai
PD Legal & Associates
Re: dishonour of cheques
File a complaint under section 138 of Negotiable Instruments Act after following the procedure laid down in the Act.
Answered on 4/15/09, 5:23 am
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