Legal Question in Criminal Law in India

cheque bounce issue

hi i invested some money in a company and my friend gave me cheque saying that if is false company you can encash the cheque. Now i went to bank but there is not sufficient amount in his account. What to do to get back the mony?


Asked on 8/05/08, 1:34 am

3 Answers from Attorneys
Homi Maratha N.N. Maratha & Co.-Advocates

Re: cheque bounce issue

You may contact a local lawyer and issue a legal notice u/s. 138 of the NI Act and do rest of the proceedings as your lawyer says.

OR

You may browse my answers forum you can get your detailed answer about the procedure.

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Answered on 8/05/08, 2:42 am
Shrichand Nahar S.V.Nahar, Advocate

Re: cheque bounce issue

You can file a suit for recovery of your money.

You can also file criminal case u/s.138 NI Act. However, in criminal case, you can not claim money.

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Answered on 8/05/08, 3:28 am
Aniruddha Pawse Aniruddha.P.Pawse Advocates

Re: cheque bounce issue

You can file a case u/s 138 ni act by issuing notice

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Answered on 8/05/08, 7:53 am


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