Legal Question in Banking Law in India

Re: liability for cheque bouncing

Under the Negotiable Instruments Act, you will be liable for bouncing of the cheque under Section 138. Section 420 of Indian Penal Code is charged for the offence of cheating. In the former case, it is an offence against the statute.First upon receipt of the summons from the court, you have to engage a lawyer and appear before the Court and seek bail. Second, brief your lawyer about the defence. Given the brief facts, only this much can be said now.

Re: liability for cheque bouncing

there is only one way contest the case!

Re: liability for cheque bouncing

420 Ipc is strictly not attracted in case of cheque bouncing.Sent the details for getting advise.

Re: liability for cheque bouncing

simply pay the amount

if you have any issue for not paying then the given details are not sufficient to advice.

For further advice contact me personallly. consultation charges will apply.

Re: liability for cheque bouncing

As in every walk of life, honesty is the best policy. Pay up the amount of the cheque and put an end to the prospect of facing trial in a criminal court