Legal Question in Technology Law in India

I was employee in MNC IT company in Nov-2007 to June -2009. I had 2 yrs of bond in this company around 75K. Due to some family issue i have resigned and come back my home town bcoz my family need my help. Also, i had stop the cheque. Now company case on me Sec.138 N.I.Act and threaten me to paid 75K. Please suggest me how can i get out from this without paying. I am not in condition to pay 75K to company. Please suggest. Is it legal? They take cheque in behalf of Bond value


Asked on 6/29/10, 2:06 am

1 Answer from Attorneys

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

they can sue u for recovery of amount but their case under NI Act may not sustain.

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Answered on 6/29/10, 11:42 pm


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