Legal Question in Credit and Debt Law in India

stop cheque payment

I hv issued a chq and dropped into ATM of ICICI for a credit card payment who inturn tells me that chq not recvd untill one week then later i give instructions to bank to stop payments towards tht chq,,, now bank has issued me summons on Sec 138 N.I Act which is not my fault at all,, plz suggest wht to do ???


Asked on 8/07/07, 8:14 am

3 Answers from Attorneys

Homi Maratha N.N. Maratha & Co.-Advocates

Re: stop cheque payment

good evening

well contact the bank and before approaching to the bank make sure about your balance. it may be a mistake from the bank

Read more
Answered on 8/07/07, 12:01 pm
G. M. Gupta gmguptaandassociates

Re: stop cheque payment

dont worry and issue a notice to them and in why u dint reply to their notice under section 138.

anyway u can still take action against them.

Read more
Answered on 8/12/07, 4:57 am

Re: stop cheque payment

Did you sent reply to legal notice that might have been sent prior to complaint.Prove your case.If you had made alternative payment through seperate cheque or cash,then prove that no lawfull dues exist against issued cheque.

Read more
Answered on 8/07/07, 2:58 pm


Related Questions & Answers

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