Legal Question in Credit and Debt Law in India

i am a share broker and one of my client has been unable to pay his loss . he has issued me many checks that have bounced and now he is neglecting from giving me any money. pls help

thanks in anticipation


Asked on 8/23/11, 2:47 am

3 Answers from Attorneys
RAJIV GUPTA (Cell: +91 9811284735) [email protected]

you have an option for filing a suit for recovery and also complaint u/s 138 of negotiable instruments act.

Read more
Answered on 8/23/11, 3:17 am
Sanjay Kalra Sanjay Kalra & Associates

You have two remedies available under the law . 1) Sec138 N I act criminal proceedings for bouncing of cheque and recovery suit u/o 37 CPC .

Read more
Answered on 8/23/11, 6:24 am
KarVai Legal Solutions Rajiv Gupta 9811284735 Ch.No: 359, Western Wing, Tis Hazari, Delhi www.karvai.in

yes u can take action as per suggested above

Read more
Answered on 8/24/11, 12:46 am


Related Questions & Answers

More Credit, Debt and Collections Law questions and answers in India