Legal Question in Business Law in India

Cheque bounce case..

We are distributors for several consumer electronics in Mumbai. A dealer, who is now shut shop, had given me 2 cheques out of which one got cleared and the other bounced. Of the second cheque that bounced, I have taken goods worth 50% of the amount of that cheque and the balance 50% he is yet to pay. It is almost over 2 months since this has happened. He is actually a builder, Mapkhan Group, who had started a couple of retail shops and now shut them down.

Please advise what action can I take..


Asked on 6/02/08, 2:37 am

2 Answers from Attorneys
Homi Maratha N.N. Maratha & Co.-Advocates

Re: Cheque bounce case..

You may contact a local lawyer and file a case under sec. 420 of the I.P.C.

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Answered on 6/02/08, 10:02 am
Aniruddha Pawse Aniruddha.P.Pawse Advocates

Re: Cheque bounce case..

From facts it seems you have crossed the limitation for filing case u/s 138 of Negotiable Instruments Act. You can file case u/s 420 IPC.

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Answered on 6/02/08, 5:18 am


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