Legal Question in Banking Law in India

hello,

my friend is a business man he borrow money from me .

he need money so he gave me jewerally and borrow money i give him 1.5lac and jewerally is worth 70-80 thousand

now he disapper his phone is closed

and when i go his home his father said dont know where he is..and i BEDAKHAL him from the property

his cheques bounces

what should i do i have cheque and stamp


Asked on 5/18/12, 2:15 am

1 Answer from Attorneys

ranganathan raghavachari R.Ranganathan & Associates

You approach a lawyer and file case under NI Act.

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Answered on 5/18/12, 5:43 pm


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