Legal Question in Banking Law in India

i have recived the summon from the metropolitian megistrage under section 138 ni, i want to know what can be the result if i fails to be on that date, or if i attend the date what i have to do, since i am not in a position to pay the money to the bank which i took from it. so looking for some serious feedback.
thanks
sb

Asked on 9/11/09, 2:01 pm

3 Answers from Attorneys

KAMAL GROVER

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If you will not appear, court can made you PO and then bail will not be possible without your arrest and you have to stay behind bars/in jail for about a month. So better to defend this case.

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Answered on 9/12/09, 1:02 am

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RAJIV GUPTA (Cell: +91 9811284735) [email protected]

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even if you not able to appear on that day, you need to hire a lawyer and he will file exemption on your behalf. in case you want to appear, you just need to seek bail from the court as it is a bailable offence and you will not be arrested provided you satisfy the court with sureties.

Answered on 9/12/09, 12:59 pm

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