Legal Question in Banking Law in India

During purchase of house I given a cheque of Rs 50000=00 to a party but due to insufficient fund the cheque get bounce. Against the bounced cheque i given him Rs 25000=00 x2 A/C payee cheque (Forgoten to take back the bounced cheque) and taken a recipton on plane paper.But some how the deal get cancelled & the party dose not give me my amount back & trying to bounce the Rs 50000=00 Cheque again & again. What should I do?.


Asked on 8/13/10, 6:00 pm

2 Answers from Attorneys
J. Radhakrishnan independent Practice

Get the assistance of a good lawyer in your locality and issue notice to the person concerned. If the party has not taken action within time after the cheque bounced once, he cannot take any further action by presenting it again and again. It is high time that you take the assistance of a local lawyer and put your things in proper shape.

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Answered on 8/13/10, 8:46 pm

u should send an intimation to the bank, not to entertain such cheque.

and yes send a notice to that person and also if he sends any legal notice , do reply to that notice...

Regards '

Jeevesh Mehta, Lawyer

Ph:9811617186

New Delhi

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Answered on 8/13/10, 11:24 pm


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