Legal Question in Banking Law in India
fault of payment
if the payment is stopd at bank 138 N. I. Act is lie.
Asked on 4/23/08, 10:05 am
4 Answers from Attorneys
Amit Shukla
AS and Associates Legal Services
Re: fault of payment
It depends on facts and circumstances.
Answered on 4/26/08, 9:28 am
Homi Maratha
N.N. Maratha & Co.-Advocates
Re: fault of payment
Please furnish details.
Answered on 4/30/08, 8:34 am
Aniruddha Pawse
Aniruddha.P.Pawse Advocates
Re: fault of payment
depends on facts and circumstances of each case. details required.
Answered on 4/23/08, 10:14 am
Re: fault of payment
Yes.Cheque bounsed for any reason attracts prosecution u/s.138 NI Act.
Answered on 4/26/08, 1:25 am
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