Legal Question in Credit and Debt Law in India

Cheque bouncing

Sir , i m doing share broker business . Lost a lot of money in trading . I had given a cheque of 10 lakh as security amount to a client , who produced the cheque , bounced it and lodged an fir .

I also have life threat from few people as the amount is staggering 1 crore ( debt) which i know i cannot repay .


Asked on 6/02/07, 5:40 am

2 Answers from Attorneys

Re: Cheque bouncing

send the details and relevant papers so as to enable me to give proper advise.Make effort to come out from such vicious circumstances.You may call on my mobile for any assistance/query.

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Answered on 6/02/07, 12:14 pm
G. M. Gupta gmguptaandassociates

Re: Cheque bouncing

now its some problem

but u can still save yourself upto some extent so contact lawyer for good advice

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Answered on 6/03/07, 2:13 pm


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