Legal Question in Consumer Law in India
cheque bounced -action required
cheque issued to me by our tenant for tenancy bounced with inssuficient funds as reason. What legal action can i take against the person as he is in no mood to compromise for the loss.
Asked on 7/13/06, 6:16 am
3 Answers from Attorneys
Vipindas Thalakalat
Das and Das
Re: cheque bounced -action required
You have to issue a lawyer notice and filed a criminal complaint under Section 138 of negotiable Instrument Axt
Answered on 7/13/06, 11:44 am
Rajinder Ahluwalia Advocate
Juridica Global Law Firm
Re: cheque bounced -action required
You have three legal rights:
1. Take action for cheque bounce.
2. Lodge criminal complaint with police for cheating.
3. File case against him for arrears of rent.
Answered on 7/14/06, 2:56 am
Shrichand Nahar
S.V.Nahar, Advocate
Re: cheque bounced -action required
You may issue a Notice of Demand contemplated by section 138 N.I. Act and on failure of drawer of cheque to pay within 15 days, prosecute him/her.
Answered on 7/14/06, 3:25 am
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