Legal Question in Criminal Law in India
protection by SICA 22
loss making company .wish to give lucrative advertise take advance security amount for distributorship in areas all around country . give postdated cheques for assured income and security daposit .go to BIFR get it declare Sick . Can I get protection of BIFR for not honouring the cheques ,. Need adviser
2 Answers from Attorneys
Re: protection by SICA 22
dear sir,
in your case various things are required to be seen for giving acurate openion.In some special circumstances you can get the protection of BIFR but it depends upon case to case and the precautionery steps if taken by you.
FOR any other query/assistance you may call me on my mobile no.9873343288.
thanks.
siddharth
Re: protection by SICA 22
its a clear case of cheating and you can proceed against it.
further querries are welcome
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