Legal Question in Real Estate Law in India
dishonour of cheques
three post dated cheques were issued to me by Vian Infrastrure Ltd. against cancellation of my plot booking. But all cheques were dishonoured at the time of maturirty due to non sufficient fund in issuing authority. pls advise what action I can take against the issuing co.
Asked on 8/25/08, 3:22 am
3 Answers from Attorneys
Shrichand Nahar
S.V.Nahar, Advocate
Re: dishonour of cheques
You can take criminal as well as civil action.
Answered on 8/26/08, 12:59 am
Sudershan Goel
India Law Offices of Sudershan Goel - Advocate
Re: dishonour of cheques
Initiate appropriate action under Negotiable Instruments Act.
Answered on 8/26/08, 6:48 am
Raman Aggarwal
Aggarwal Associates
Re: dishonour of cheques
Yes! You can initiate proceedings under S.138 of Negotiable Inst Act, since the cheque has been issued in discharge of legal debt and liablity. Kindly get a legal notice served on the company within a month from the dishonor of cheque.
Answered on 8/25/08, 8:27 am