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


Asked on 12/18/06, 3:23 am

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

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Answered on 12/18/06, 10:59 am
D. M. Bhalla D.M LAW CHAMBER

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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Answered on 12/20/06, 7:13 pm


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